RailTel secures railway signalling project from North Central Railway
INR35.6M
Deal Value
railway signalling project
Project
RailTel Corporation of India Limited has secured an order worth about ₹35.6 crore (approximately $4.3 million) for a railway signalling project after receiving a Letter of Acceptance (LoA) from the Deputy Chief Signal & Telecommunication Engineer of North Central Railway.
Deal Analysis
RailTel Corporation of India Limited has secured a supply agreement worth approximately ₹35.6 crore (approximately $4.3 million) from North Central Railway for a railway signalling project. This agreement, formalized through a Letter of Acceptance (LoA) issued by the Deputy Chief Signal & Telecommunication Engineer of North Central Railway, underscores RailTel's continued involvement in enhancing railway infrastructure across India. As a specialized provider of broadband and VPN services leveraging its pan-India optic fiber network, RailTel is well-positioned to contribute to the modernization of railway signalling systems.
This deal, while modest in size, is strategically important for RailTel as it reinforces its position as a key player in the Indian railway sector. Securing this project from North Central Railway demonstrates RailTel's capabilities and strengthens its relationship with a major railway operator. The project aligns with the broader trend of modernizing India's railway infrastructure, which includes upgrading signalling systems to improve safety and efficiency. This deal is likely to contribute to RailTel's revenue stream and potentially lead to further opportunities within the railway sector.
- RailTel secures a ₹35.6 crore railway signalling project from North Central Railway.
- The deal highlights RailTel's expertise in providing technology solutions for the transport sector.
- The agreement strengthens RailTel's relationship with a major railway operator in India.
- The project contributes to the ongoing modernization of India's railway infrastructure.
Market Context: The Indian railway sector is undergoing significant modernization, with a focus on upgrading signalling systems, enhancing safety, and improving operational efficiency. This deal reflects the ongoing investment in railway infrastructure and the role of specialized companies like RailTel in providing technological solutions.
Source Intelligence
KEY DETAILS
The work is to be completed within 24 months from the date of the LoA, with execution scheduled up to 17 February 2028. The contract does not fall under related party transactions.
“
Deal Size
RailTel bags ₹35.6 crore railway signalling order from North Central Railway
“
Location
Prayagraj division of North Central Railway
“
Announcement
February 19, 2026
“
COD
execution scheduled up to 17 February 2028
PARTIES MENTIONED IN SOURCE
R
RailTel Corporation of India Limited
seller
"RailTel Corporation of India Limited has secured an order worth about ₹35.6 crore for a railway signalling project"
N
North Central Railway
buyer
"RailTel bags ₹35.6 crore railway signalling order from North Central Railway"
high quality
Enriched Feb 22, 2026
Timeline
Announced
Feb 19, 2026
Signed
Closed
Counterparts (3)
issuer
Market Context
This deal is part of the Transport sector in India.
110
Transport deals
156
deals in India
Source
www.cnbctv18.com
1 of 110 Transport deals tracked this month · Updated daily
Global Infrastructure Sherpa