Railtel Bags ₹13.16 Cr PMC Order from Rajasthan Govt! 🚀

Hey there, investors! We’ve got some interesting news from Railtel Corporation of India Limited (RAILTEL) that just hit the wires today, August 23, 2025.

The company has announced a significant new order, bagging a Project Management Consultancy (PMC) contract from the Rajasthan Skill & Livelihoods Development Corporation (RSLDC). This domestic order is valued at a substantial ₹13,16,25,252 (that’s over ₹13.16 crore!) including taxes. It’s a solid win that adds to Railtel’s growing project portfolio.

What does PMC work entail? Essentially, Railtel will be overseeing and managing various aspects of a project for RSLDC, ensuring smooth execution and timely delivery. This kind of work leverages Railtel’s expertise in large-scale project handling and infrastructure development, which is right in their wheelhouse as a Navratna PSU under the Ministry of Railways.

The work order was officially received today, August 23, 2025, and the project is slated for execution until August 2027. This indicates a long-term engagement that could provide stable revenue streams for the company over the next couple of years.

For those keeping an eye on RAILTEL, the stock last traded at ₹354.95, down 2.0% before the market closed. This new order, however, highlights the company’s continued efforts to secure valuable contracts and expand its operational footprint. Such orders are crucial for demonstrating robust business development and contributing to future growth. Keep an eye on how this new project unfolds! 📈

source: Corporate Announcement

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