RailTel Corporation of India Ltd., a leading provider of telecom and IT services, has announced that it has received a significant work order worth ₹78.43 crore from Bharat Coking Coal Limited (BCCL). The announcement, made on January 1, 2025, is pursuant to Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Key Details of the Work Order

The work order, issued on December 31, 2024, is for the implementation of Integrated IT-Based Security Infrastructure and associated services.

Key Highlights of the Order:

1. Awarding Entity: Bharat Coking Coal Limited (BCCL)
2. Order Value: ₹78,43,30,164 (inclusive of taxes)
3. Nature of Work: Works, specifically focusing on IT-based security solutions and services
4. Execution Timeline: The project is expected to be completed by August 28, 2025
5. Domestic Project: The order is fully domestic, with no involvement of international entities

Compliance and Reporting

The company has confirmed that:

• The promoter or promoter group of RailTel does not have any interest in Bharat Coking Coal Limited.
• The transaction does not qualify as a related party transaction and was conducted at arm’s length.
• There was no delay in reporting the order as it was disclosed immediately after its receipt.

Strategic Significance

This project marks another significant milestone for RailTel, reinforcing its presence in the IT and telecom services sector. With a strong portfolio of domestic projects, RailTel continues to expand its footprint in key industries, including coal mining and public sector enterprises.

Benefits of the Project:

• Strengthens RailTel’s reputation as a trusted provider of integrated IT solutions
• Enhances the company’s ability to handle large-scale security infrastructure projects
• Contributes to the overall growth of its domestic order book

About Bharat Coking Coal Limited

BCCL, a subsidiary of Coal India Limited, is a major producer of coking coal in India. Its collaboration with RailTel for this project demonstrates its commitment to leveraging advanced IT solutions to improve operational security and efficiency.

Financial Impact on RailTel

Securing this order adds significant value to RailTel’s growing project pipeline. With the execution timeline set for August 2025, this project is likely to contribute to the company’s revenues over the next two fiscal years.

Recent Financial Performance:

RailTel’s diversified portfolio of projects across IT services, telecom, and data center operations positions it as a key player in India’s digital transformation initiatives.

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