RailTel Secures ₹16.20 Crore Haryana SWAN O&M Contract from HARTRON

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RailTel Corporation of India Limited has secured a work order worth ₹16.20 crore (including taxes) from Haryana State Electronics Development Corporation Limited (HARTRON) for the Operation & Management (O&M) of the Haryana State Wide Area Network (HSWAN). The contract will run until 31 December 2027 and strengthens RailTel’s managed network services portfolio in the government sector.

PRICE-SENSITIVE TRIGGER

Event: RailTel received a domestic work order from Haryana State Electronics Development Corporation Limited.

Type: Major Order Win

Impact: Positive

Immediate Effect: The order expands RailTel’s government network management business, adds to its order book, and provides revenue visibility through the contract period ending December 2027.

Key Metrics:

  • Order Value: ₹16.20 crore (including taxes)
  • Contract Type: Operation & Management (O&M) as Managed Service Provider (MSP)
  • Project: Haryana State Wide Area Network (HSWAN)
  • Execution Timeline: Up to 31 December 2027
  • Order Received On: 2 July 2026 (12:30 PM)

Highlight:

  • RailTel secured a ₹16.20 crore government O&M contract for managing Haryana’s State Wide Area Network.
What Happened ?

RailTel Corporation of India Limited has received a work order from Haryana State Electronics Development Corporation Limited (HARTRON) for providing Operation & Management (O&M) services as the Managed Service Provider for the Haryana State Wide Area Network (HSWAN).

The contract reinforces RailTel’s presence in government digital infrastructure projects and supports its recurring managed services business.

Key Details

Contract Scope:

  • Operation & Management (O&M) of Haryana State Wide Area Network (HSWAN).
  • RailTel will act as the Managed Service Provider (MSP).
  • The engagement covers network management and operational support for the state’s communication infrastructure.

Contract Information:

  • Awarding Authority: Haryana State Electronics Development Corporation Limited (HARTRON).
  • Nature of Contract: Government O&M services.
  • Category: Domestic order.
  • Contract validity extends until 31 December 2027.

Strategic Importance:

  • Strengthens RailTel’s managed network services portfolio.
  • Expands its presence in state government digital infrastructure projects.
  • Supports long-term revenue visibility through an ongoing O&M engagement.
  • Reinforces RailTel’s expertise in operating mission-critical public communication networks.

Note:

  • The company has confirmed that the contract is not a related-party transaction and that neither the promoter nor promoter group has any interest in the awarding entity.
Risk Analysis

Summary:

  • The order is a routine government service contract with limited execution risk. Revenue realization will depend on timely project execution and contractual compliance.

Key Risks:

  • Delays in operational implementation.
  • Service-level performance obligations throughout the contract period.
  • Standard execution and payment timelines associated with government contracts.

Worst Case:

  • Operational delays or contractual performance issues could affect revenue recognition or future government order opportunities.

Risk Level: Low

Company Commentary
  • RailTel has received the work order from Haryana State Electronics Development Corporation Limited.
  • The company will provide O&M services as the Managed Service Provider for HSWAN.
  • The order value is ₹16.20 crore (including taxes).
  • The contract will remain valid until 31 December 2027.
  • The transaction is neither a related-party transaction nor involves any promoter interest.

Official Exchange Filing: RailTel Corporation of India Limited

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