RailTel Wins Rs 131.6 Million PMC Contract from RSLDC

26 Aug 2025 CW Team

RailTel Corporation of India has announced that it has secured a project management consultancy (PMC) contract worth Rs 131.6 million from the Rajasthan Skill & Livelihoods Development Corporation (RSLDC). The contract is scheduled for completion by 22 August 2027.

The award has been made by a domestic entity, with no involvement or interest from RailTel’s promoter, promoter group, or group companies. The company confirmed that the agreement does not constitute a related-party transaction and has been executed on an arm’s length basis.

RailTel, a Navratna public sector undertaking, is among India’s largest neutral telecom infrastructure providers, with an extensive Pan-India optical fibre network.

Financially, the company reported strong results for Q1 FY26, with standalone net profit rising 35.81 per cent to Rs 661 million, compared with Rs 487 million in Q1 FY25. Revenue from operations grew 33.27 per cent year-on-year to Rs 7.44 billion.

Despite the announcement, RailTel’s shares slipped 0.65 per cent to Rs 352.20 on the BSE. The contract win further strengthens the company’s presence in consultancy services alongside its core telecom infrastructure operations.

Image Source:https://psuwatch.com/

Infrastructure Urban

26 Aug 2025

Jupiter Opens First EV Showroom in Hyderabad

Jupiter Electric Mobility Pvt Ltd (JEM), the electric commercial vehicle arm of Jupiter Wagons Ltd, has inaugurated its first showroom in New Bowenpally, Secunderabad, Hyderabad. The launch also marks the introduction of its 1.05-tonne four-wheeler electric light commercial vehicle (eLCV), JEM TEZ, to Telangana’s growing logistics and intra-city freight market. This expansion underscores JEM’s commitment to delivering purpose-built sustainable mobility solutions and accelerating the electrification of India’s logistics sector.The new showroom, operated by Arven Motors Pvt Ltd, offers cus..

Premier Energies Launches 620W DCR Solar Modules in India

Premier Energies Limited, one of India’s largest integrated solar manufacturers, has launched its next-generation 620W DCR solar modules using G12R TOPCon technology, now among the most powerful large-format panels available in the country.The new modules, built with Tunnel Oxide Passivated Contact (TOPCon) architecture, deliver superior power density, improved temperature coefficients, and enhanced low-light performance. The rectangular G12R N-type cell design enables higher string power and balance-of-system optimisation, making the panels suitable for utility-scale projects as well as com..

ONGC Starts Gas Sales from Rajasthan Chinnewala Tibba Block

Oil and Natural Gas Corporation Limited (ONGC) has commenced natural gas sales from the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, marking the successful monetisation of the Chinnewala Tibba field in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). Gas sales officially began on 25 August 2025.This development highlights ONGC’s commitment to boosting domestic energy production and strengthening India’s energy security under the guidance of the Ministry of Petroleum and Natural Gas. Located in western Rajasthan, close to the Indo-Pakistan border, the Chinnewala Tibb..