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FINWIRES

RailTel Wins INR327.5 Million-Rupee North Central Railway Contract

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RailTel Corp. of India (NSE:RAILTEL, BOM:543265) has received a letter of acceptance from North Central Railway for a railway signaling project worth about 327.5 million rupees, including tax, according to a Thursday exchange filing.

The contract involves improving the reliability of track circuits by providing MSDAC systems alongside existing DCTC systems and carrying out associated works at 14 stations in the ALJN-DER section of the Prayagraj Division.

The project is scheduled to be completed by Jan. 23, 2028, the filing said.

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