RailTel Wins Rs 2.6 Billion Order for Kavach Safety System

17 Jul 2025 CW Team

State-owned RailTel Corporation of India Ltd announced on Monday, 14 July, that it has secured a work order worth Rs 2.64 billion (including tax) from East Central Railway for the implementation of the Kavach system—India’s indigenous Train Collision Avoidance System (TCAS). The project involves deploying Kavach over 607 route kilometres of low-density railway track within East Central Railway's jurisdiction. Completion is targeted for 14 July 2027.

In a separate development last week, RailTel received another government contract valued at Rs 174.7 million from the General Administration Department (GAD) of Chhattisgarh. This order pertains to the implementation of a modernised integrated communication infrastructure, including WLAN, LAN, EPBAX systems, and network connectivity. It also covers hardware procurement, commissioning, and long-term operations and maintenance, with the project due for completion by 14 January 2031.

These contracts are part of a strong order inflow for RailTel in July, bringing the total value of fresh orders this month to over Rs 1.3 billion.

On the Bombay Stock Exchange (BSE), shares of RailTel Corporation of India Ltd closed at Rs 409.70, down by Rs 1.10 or 0.27 per cent.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..