Avantel secures ₹459.9 crore railway contract
after close1 source ↓written by the desknot a recommendation
- contract from Zetwerk
- ₹459.9 crore
Avantel Limited has secured a ₹459.9 crore contract from Zetwerk for the supply and maintenance of 12,000 Real-Time Train Information System (RTIS) devices. This initiative, executed for the Centre for Railway Information Systems (CRIS), aims to enhance operational efficiency within Indian Railways. The project includes a three-year maintenance agreement, integrating satellite technology for real-time monitoring of train movements. 🚆
This contract underscores Indian Railways’ commitment to improving transparency and accuracy across its network, potentially boosting operational performance in the sector.
Not investment advice. For informational purposes only.