Rs 10,166 Crore Order Book: Navratna PSU Secures Rs 27,06,04,323 Goa Labour Welfare Board Order
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RailTel Corporation of India has received a Rs 27,06,04,323 work order from the Goa Labour Welfare Board to develop an exclusive end-to-end online portal, with execution scheduled to be completed by August 23, 2026
✨ Key Takeaways
On Tuesday, Indian benchmark indices traded lower, with the Nifty 50 declining 57.15 points, or 0.24 per cent, to 23,889.10. Despite the broader market weakness, RailTel Corporation of India share price was trading at Rs 308.45, up 0.74 per cent, after the company announced that it had secured a fresh work order from the Goa Labour Welfare Board.
RailTel Bags Rs 27.06 Crore Digital Transformation Order
RailTel Corporation of India informed the stock exchanges that it has received a work order worth Rs 27,06,04,323 (including Taxes) from the Goa Labour Welfare Board. The contract involves the development of an exclusive end-to-end online portal, aimed at enhancing the Board's digital service delivery and operational efficiency.
According to the company, the order has been awarded by a domestic entity, and the project is scheduled to be completed by August 23, 2026. RailTel received the work order on June 29, 2026, at 4:00 PM. The company also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority, and the contract does not fall under related-party transactions.
Strengthening Government Digital Infrastructure
The latest order further strengthens RailTel's position as a key technology partner for government organisations undertaking digital transformation initiatives. The project will involve developing a comprehensive online platform designed to streamline services provided by the Goa Labour Welfare Board through an integrated digital ecosystem.
RailTel has been actively expanding its portfolio of e-governance, ICT infrastructure, data centre, telecom and digital transformation projects, supporting central and state government departments as well as public sector enterprises across India.
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About RailTel
RailTel Corporation of India Ltd is a Navratna Public Sector Undertaking (PSU) under the Ministry of Railways. The company owns one of India's largest neutral telecom infrastructure networks and provides broadband, ICT services, managed data centre services, cloud solutions, cybersecurity, system integration and digital transformation solutions for government and enterprise customers.
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Disclaimer: The article is for informational purposes only and not investment advice.