RailTel Eyes Kavach Tenders, Seeks New Partnerships to Boost Revenue

12 Aug 2024 CW Team

RailTel Corporation of India Ltd. is gearing up to participate in upcoming Kavach tenders, a key initiative aimed at advancing railway safety through modern technology. Kavach, the Indian Railways? indigenous train collision avoidance system, is central to enhancing safety protocols across the rail network.

To capitalise on this opportunity and boost its revenue, RailTel is actively seeking new partnerships and collaborations. The company aims to leverage its technological expertise and infrastructure capabilities to secure substantial contracts related to the Kavach system.

In addition to the Kavach tenders, RailTel is exploring diverse revenue streams and strategic alliances. By expanding its partnerships, the company hopes to diversify its offerings and strengthen its position in the market. These efforts align with RailTel's broader strategy to enhance its technological portfolio and increase its share of the growing railway safety and technology sectors.

The company's focus on Kavach and new partnerships underscores its commitment to contributing to the modernization and safety enhancement of India's railway infrastructure, while also aiming to drive significant growth in its business operations.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..