RailTel Bags ₹48.7 Crore Order from Health Insurance TPA

18 Sep 2024 , 11:08 AM

On Tuesday, September 17, RailTel announced it has secured an order worth ₹48.7 Crore from the Health Insurance TPA of India Ltd. This order is for developing an integrated claims management solution portal and a mobile application, with a completion target set for June 14, 2030.

RailTel is also preparing to participate in a government tender for the KAVACH system in locomotives. The tender is valued at over ₹7,000 Crore and is scheduled to open on September 19.

Sanjai Kumar, chairman and managing director of RailTel, mentioned that other tenders are in the pipeline. He stated that the LTE tender, previously floated, has been temporarily put on hold by the Ministry of Railways, possibly to prioritize the KAVACH tender. However, RailTel will focus on future tenders, including those for Navratna projects.

RailTel Corporation of India Ltd., a Navratna Public Sector Undertaking (PSU), received its Navratna status on August 30, 2024, under the Modi government.

Established in September 2000, RailTel aims to create a nationwide broadband, telecom, and multimedia network while modernizing the train control and safety systems of Indian Railways.

RailTel’s network covers around 5,000 stations across India, reaching major commercial centers and ensuring broad coverage.