Rs 3,129 Crore Order Book: Pace Digitek receives order worth Rs 89,06,90,000 from RailTel Corporation of India Ltd (RCIL)

Pace Digitek Limited has secured a significant domestic contract from RailTel Corporation of India Limited (RCIL) valued at Rs 89,06,90,000 (including GST) for the modernisation of Indian Railways' infrastructure. The project involves the supply, installation, and commissioning of an advanced IP-based video surveillance system for LHB (Linke Hofmann Busch) coaches on a back-to-back basis for a Customer of RailTel (CoR). The contract includes a three-year warranty period followed by a five-year Comprehensive Annual Maintenance Contract (CAMC), providing long-term service visibility for the company. Pace Digitek is expected to execute the implementation phase within eight months from the receipt of the Letter of Award.

About the Company

Pace Digitek Ltd is a multi-disciplinary solutions provider with a primary focus on the telecom infrastructure industry. The company offers a diversified presence across telecom towers, optical fibre cables and energy management solutions. Its comprehensive offerings span manufacturing, installation, commissioning and turnkey operations & maintenance, establishing an integrated presence across the entire telecom value chain.

Furthermore, Pace Digitek emphasises digital consulting, product engineering, enterprise mobility and cybersecurity solutions, positioning itself as a growing player in India's digital technology and IT services sector by also exploring emerging technologies such as AI, IoT and data analytics. The company has a market cap of Rs 3,863 crore and has an Order Book of Rs 3,129 crore.

Disclaimer: The article is for informational purposes only and not investment advice.