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RailTel Corp bags ₹155.72 Crore contract from Maha government

27 Sep 2024 , 02:31 PM

RailTel Corporation of India Ltd has received a large order for ₹155.72 Crore (excluding taxes) from the Rural Development Department in Mantralaya, Maharashtra.

The contract covers the implementation of the Aaple Sarkar Seva Kendra (ASSK)-GP project in three important regions: Konkan, Pune, and Nashik. The construction will be done over the course of a year, with the project scheduled to be completed by September 25, 2025.

Railtel has announced a ₹48.7 Crore deal from Health Insurance TPA of India Ltd. The order is for an integrated claims management web and mobile application. It is projected to be completed on June 14, 2030.

RailTel is also preparing to bid on a big government tender for the KAVACH system in locomotives. The tender worth over ₹7,000 Crore opened on September 19.

According to Sanjai Kumar, the company’s chairman and managing director, many more tenders would be issued. The LTE tender, which was floated some time ago, has been put on hold for the time being by the government of India, Ministry of Railways, maybe because they are prioritising the finalisation of KAVACH bids.

But, as Navratna, we were not looking for such bids earlier because we were not eligible, but we will absolutely focus on such tenders in the future,” he said.

For feedback and suggestions, write to us at editorial@iifl.com

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