RailTel Secures Mega ₹101.8 Crore Contract from PFMS for IT Infrastructure and SOC Services

NEW DELHI – RailTel Corporation of India Ltd., a Navratna Public Sector Undertaking, has announced the acquisition of a major work order from the Public Financial Management System (PFMS). The contract, valued at approximately ₹101.82 crore (₹1,01,82,38,520), marks a significant addition to RailTel’s growing portfolio in the digital infrastructure and cybersecurity domain.

Scope of Work: Securing Financial Infrastructure

The "Supply and Services" contract focuses on the establishment and long-term management of critical national financial infrastructure. The comprehensive scope includes:

IT Infrastructure Establishment: Setting up the primary Data Centre (DC) and Disaster Recovery (DR) site.

Managed Operations: Ongoing operational management of the hardware and software layers.

SOC Services: Implementation of a Security Operations Center (SOC) to provide 24/7 monitoring and protection against cyber threats.

Data Centre Colocation: Providing secure hosting environments for PFMS servers and data.

Strategic Timeline and Market Reaction

The project features a long-term execution window, with the work order slated for completion by January 7, 2031. This decadal commitment ensures a steady revenue stream for RailTel and highlights the government's trust in the PSU to manage high-security financial data environments.

Despite the positive order inflow, RailTel’s shares witnessed a slight correction on the stock market today. The stock was trading down by 2.22% at ₹360.50 on the Bombay Stock Exchange (BSE), mirroring a broader volatility in the mid-cap segment.

This contract further solidifies RailTel’s transition from a telecom-focused entity to a comprehensive ICT and Cybersecurity provider, playing a crucial role in India’s digital governance framework.