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RailTel Bags Order Worth Rs 97.64 Crore From MP Govt

The shares of the company have rallied more than 95% over the period of one year.

On 05 May 2022, RailTel bagged an order of Rs 97.64 crore from the Government of Madhya Pradesh (MP) for the extension of the state data centre and the establishment of a disaster recovery centre. The project entails designing, upgrading, commissioning and managing a state data centre (SDC) in Madhya Pradesh, along with setting up a disaster recovery (DR) centre for five years, according to media reports.

RailTel Corporation of India Limited, a central public sector unit under the Ministry of Railways, has bagged the order from the Madhya Pradesh State Electronics Development Corporation Limited, it said. The work order is for expansion of the SDC and establishment of the DR centre, and it is valued at Rs 97.64 crore, which after including Goods and Services Tax (GST) amounts, comes to Rs 115 crore, the statement said.

The SDC is envisioned as the “shared, reliable and secure infrastructure services centre for hosting and managing the e-governance applications of state and its constituent departments/organisation which would provide many functionalities like a central repository of the state, secure data storage, online delivery of services, citizen information/services portal, state intranet portal, disaster recovery, remote management and service integration”, it said.

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