Corporate Actions

RailTel secures Rs 20.04 crore contract from Munitions India Limited for a data center project

24-Oct-26   09:12 Hrs IST

RailTel Corporation of India Ltd. announced it has received a Letter of Intent from Munitions India Limited for establishing a Data Center and Disaster Recovery Center on an Infrastructure-as-a-Service (IaaS) platform for the Q-Shakti (QA4.0) project, supporting MIL across 13 locations. The contract, awarded domestically, has a four-month go-live period followed by six years of service, extendable by an additional three years, with quarterly invoicing and a 5% performance bank guarantee. The total order size is valued at Rs 20,04,04,809 (including tax), and the execution is expected to be completed by February 28, 2027.

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