Rs 11,747 Crore Order Book: This Navratna Railway Company Secures Rs 166.80 Crore Work Order From EPFO; Share Price Rises 3.64%
Om DSIJ / 19 Aug 2026 / Categories: Mindshare, Trending
RailTel Corporation of India received an order worth Rs 166.80 crore, including taxes, for a one-year extension of Infra-as-a-Service through RailTel, with execution scheduled until February 9, 2027.
On Wednesday, Indian equity benchmark indices traded lower, with the Nifty 50 index declining 76.60 points, or 0.32 per cent, to 24,078.30. Amid the market movement, RailTel Corporation of India shares were trading at Rs 287.25, up Rs 10.10 or 3.64 per cent. The stock's movement came after the company disclosed that it had received a major work order from the Employees Provident Fund Organisation (EPFO).
Rs 166.80 Crore Work Order From EPFO
RailTel has received a work order from EPFO for an extension of the work order for one year for Infra-as-a-Service (IaaS) through RailTel, involving additional components. The contract is a domestic order and is scheduled to be executed by February 9, 2027.
The total size of the order stands at Rs 166.80 crore, including Taxes. RailTel received the work order on August 17, 2026, at 7:58 PM, according to the company's exchange filing.
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The company disclosed that the promoter, promoter group and group companies have no interest in EPFO, the entity awarding the contract. The work order also does not fall under related-party transactions.
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About RailTel Corporation of India
RailTel Corporation of India is a Navratna Central Public Sector Enterprise under the administrative control of the Ministry of Railways and operates as an ICT provider and neutral telecom infrastructure company. The company owns a pan-India optical fibre network covering more than 63,000 route kilometres, along with over 21,000 kilometres of citywide access network. Its operations include telecom and ICT services, data centres, broadband, leased lines, VPN, signalling services and other technology solutions.
RailTel was incorporated in 2000 with the objective of modernising railway telecom infrastructure and developing a nationwide broadband and multimedia network. The company also undertakes technology projects for Indian Railways and government organisations, including connectivity, e-Office, video surveillance and other ICT-related projects.
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Disclaimer: The article is for informational purposes only and not investment advice.