💡 Major order worth ₹86.36 crore secured from Municipal Corporation of Greater Mumbai for cloud services.

What Happened

Railtel Corporation of India Limited has received a Letter of Acceptance from the Municipal Corporation of Greater Mumbai for provisioning, configuration, testing, commissioning, operations and maintenance of cloud services. The estimated order size is ₹86,36,21,334 (including tax) and the contract is to be executed by June 5, 2029.

Key Details

Why It Matters

This significant order win from a major municipal corporation demonstrates Railtel's growing capabilities in the cloud services domain and strengthens its order book visibility for the coming years. The ₹86.36 crore contract adds to the company's revenue pipeline and positions it as a key player in government digital infrastructure projects, potentially boosting investor confidence in its growth trajectory.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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