Railtel Secures ₹16.99 Cr PMC Contract from Lucknow Municipal Corporation
RailTel Corporation of India has received a Letter of Intent from Lucknow Municipal Corporation for a 5-year Project Management Consultancy project. The estimated value of the domestic contract is ₹16.99 crore. The LoI was received on February 10, 2026.
The order value of ₹16.99 crore is significant but may not drastically alter the company's overall financial standing, hence a medium impact.
The company has secured a new order, which is generally positive for business growth and revenue.
RailTel Corporation of India Ltd. has received a Letter of Intent (LoI) from Lucknow Municipal Corporation for a Project Management Consultancy (PMC) role. The contract is for a duration of 5 years and is valued at an estimated ₹16.99 crore (169,920,000). The order was awarded by a domestic entity through a tender process. The LoI was received on February 10, 2026, and the company has confirmed that neither promoters nor group companies have any interest in the awarding entity, and the contract is not a related party transaction. The execution period for this contract is stated to be until February 15, 2031.
What to do with a filing like this
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.