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RailTel bags Rs 35.6 cr railway signalling order from North Central Railway

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RailTel bags Rs 35.6 cr railway signalling order from North Central Railway

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RailTel bags Rs 35.6 cr railway signalling order from North Central Railway
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DBT Bureau

Bengaluru, 19 Feb 2024

RailTel Corporation India has secured an order worth about Rs 35.6 crore for a railway signalling project after receiving a Letter of Acceptance (LoA) from the Deputy Chief Signal & Telecommunication Engineer, the company said in an exchage filing.

The project involves provision of MSDAC and other associated works, including suitable indoor alterations in EI/RRI/PI stations in the Prayagraj division of North Central Railway. The work is to be completed within 24 months from the date of the LoA, with execution scheduled up to 17 February 2028.

Share price of RailTel settled 1.57% lower at Rs 328.30 on Thursday in NSE.

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