RailTel Bags Rs 4,444.4 mn LoI For KSWAN 3.0 Project
RAILWAYS & METRO RAIL

RailTel Bags Rs 4,444.4 mn LoI For KSWAN 3.0 Project

RailTel Corporation of India has received a Letter of Intent from the Centre for E-Governance to act as system integrator for the KSWAN 3.0 project. The order is valued at Rs 4,444.4 million (mn) including taxes and was awarded by a domestic entity. The contract is scheduled for execution by 26 March 2031 and the company stated that the promoter, promoter group and group companies have no interest in the awarding entity, classifying the contract as not related party. The work pertains to system integration under the KSWAN 3.0 network.

RailTel Corporation of India was incorporated in 2000 to create nationwide broadband and virtual private network services, telecom and multimedia networks to modernise train control operation and safety systems of Indian Railways. The assignment aligns with the company mission to expand digital infrastructure and government connectivity. The company has pursued projects across government and rail sectors to support connectivity and digital services.

On standalone results, net profit declined four point zero seven per cent to Rs 624.0 mn in the third quarter of financial year 2026, from Rs 650.5 mn in the corresponding quarter of the prior year. Revenue from operations increased 18.99 per cent year-on-year to Rs 9,134.5 mn in the same quarter. The company presented the figures as standalone results for the quarter.

Market reaction saw shares of RailTel Corporation of India slip three point one three per cent to close at Rs 260.25 on 27 March 2026. The order for KSWAN 3.0 is expected to reinforce the company position in government system integration projects and contribute to long-term revenue visibility. Analysts expect the contract to provide steady work flow for specialised integration teams. The company will execute the project over the coming years in line with the scheduled completion date.

RailTel Corporation of India has received a Letter of Intent from the Centre for E-Governance to act as system integrator for the KSWAN 3.0 project. The order is valued at Rs 4,444.4 million (mn) including taxes and was awarded by a domestic entity. The contract is scheduled for execution by 26 March 2031 and the company stated that the promoter, promoter group and group companies have no interest in the awarding entity, classifying the contract as not related party. The work pertains to system integration under the KSWAN 3.0 network. RailTel Corporation of India was incorporated in 2000 to create nationwide broadband and virtual private network services, telecom and multimedia networks to modernise train control operation and safety systems of Indian Railways. The assignment aligns with the company mission to expand digital infrastructure and government connectivity. The company has pursued projects across government and rail sectors to support connectivity and digital services. On standalone results, net profit declined four point zero seven per cent to Rs 624.0 mn in the third quarter of financial year 2026, from Rs 650.5 mn in the corresponding quarter of the prior year. Revenue from operations increased 18.99 per cent year-on-year to Rs 9,134.5 mn in the same quarter. The company presented the figures as standalone results for the quarter. Market reaction saw shares of RailTel Corporation of India slip three point one three per cent to close at Rs 260.25 on 27 March 2026. The order for KSWAN 3.0 is expected to reinforce the company position in government system integration projects and contribute to long-term revenue visibility. Analysts expect the contract to provide steady work flow for specialised integration teams. The company will execute the project over the coming years in line with the scheduled completion date.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code