RailTel secures ₹11,520 crore contract from Power Grid
after close1 source ↓written by the desknot a recommendation
RailTel Corporation of India Ltd. has received a Letter of Intent from Power Grid Corporation of India for a services contract valued at ₹11,520.49 crore. This domestic agreement is expected to be executed by September 10, 2034. The announcement emphasizes RailTel's ability to secure large-scale national projects, enhancing its market position.
• Contract value: ₹11,520.49 crore
• Expected execution by: 10 Sept 2034
This significant order may positively impact RailTel's stock performance in the near term.
Not investment advice. For informational purposes only.