Order Win / Contract Award
RailTel Secures ₹86.36 Crore Cloud Services Order from Municipal Corporation of Greater Mumbai
NSE
railtel
BSE
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RailTel has received a Letter of Acceptance (LoA) from the Municipal Corporation of Greater Mumbai (MCGM/BMC) for a cloud services project worth ₹86.36 crore (including tax), executable through June 5, 2029.
PRICE-SENSITIVE TRIGGER
Event: Receipt of LoA for Cloud Services Project
Type: Order Win / Contract Award
Impact: Positive
Immediate Effect: Strengthens order book and enhances revenue visibility over a multi-year period
Financial Snapshot
- Order Value: ₹86.36 Crore (Incl. Tax)
- Customer: Municipal Corporation of Greater Mumbai (BMC)
- Execution Period: Till June 5, 2029
- Order Type: Domestic
Highlight:
Secured ₹86.36 crore multi-year government order in cloud services
What Happened ?
RailTel announced receipt of a Letter of Acceptance (LoA) from Municipal Corporation of Greater Mumbai for:
- Provisioning
- Configuration
- Testing
- Commissioning
- Operations & Maintenance of Cloud Services
The project is a multi-year customer contract.
key highlights
Scope of Work
- Cloud infrastructure provisioning
- Testing and commissioning
- Ongoing operations
- Maintenance services
Government Client
- Awarding Entity: Municipal Corporation of Greater Mumbai
- Domestic public-sector customer project
Strategic Significance
- Strengthens managed services / cloud business
- Enhances long-duration revenue visibility
- Supports government digital infrastructure exposure
Risk Analysis
Key Risks
- Execution / service delivery risk
- SLA-performance obligations
- Margin pressure over long contract duration
- Public-sector payment / project administration risks
Worst Case Scenario
Execution challenges or service-level issues affect profitability or contract continuity.
Risk Level: Low
Company Commentary
- Strengthening presence in cloud and digital infrastructure services
- Adds multi-year government project visibility
- Supports growth in managed services portfolio
Official Exchange Filing: RailTel Corporation of India Limited