Railtel Secures ₹13.6 Crore DigiThane Project from Thane Municipal Corporation
RailTel Corporation of India Ltd. received a Letter of Intent from Thane Municipal Corporation to be the Technology Partner for the DigiThane Citizen Engagement Platform. The 10-year contract is valued at ₹13.6 crore and is expected to be executed by June 28, 2036.
The order value of ₹13.6 crore is substantial and contributes to the company's revenue stream over a 10-year period, indicating a medium-term positive impact.
The company has secured a new order with a significant value, which is positive for its business outlook.
RailTel Corporation of India Ltd. has announced securing a significant order from Thane Municipal Corporation. The company received a Letter of Intent (LoI) to act as the Technology Partner for the development, upgradation, implementation, operation, and maintenance of the DigiThane Citizen Engagement Platform.
This contract is for a period of 10 years, with an estimated order size of ₹13,60,00,000 (Rupees thirteen crore and sixty lakh), including taxes. The order has been awarded by a domestic entity. The execution period for this contract is scheduled until June 28, 2036.
RailTel confirmed that neither the promoter nor its group companies have any interest in Thane Municipal Corporation, and the contract does not fall under related party transactions. The LoI was received on June 29, 2026, at 20:30, and the intimation is within the stipulated timeframe.
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Railtel Corporation Of India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Railtel Corporation Of India Limited. Read the original for the full detail.