National News

RailTel bags work order worth Rs 14.73 crore from EPFO

Railtel Corporation of India (RailTel) has received work order worth Rs 14.73 crore from Employees Provident Fund Organisation (EPFO)

PSU Watch Bureau

New Delhi: Railtel Corporation of India (RailTel), a Miniratna PSU under the Ministry of Railways, on Thursday said that it has received a work order from Rs 14.73 crore from the Employees Provident Fund Organisation (EPFO). This work order is for the deployment and management of diagnostic and performance tools as managed services for a period of three years.

"This is to inform that RailTel Corporation of India Ltd has received work order from Employees Provident Fund Organisation (EPFO) for deployment and management of diagnostic and performance tools as managed service at a total cost for three years of Rs 14.73 crore (exclusive of tax)," RailTel said in a regulatory to the stock exchanges.

RailTel is a Miniratna PSU under the Ministry of Railways. It is an ICT provider and one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fibre network on exclusive Right of Way (ROW) along Railway track. Railtel is also developing data centres for Indian Railways.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

No immediate hike in petrol, diesel prices; adequate stock to meet any contingency: Sources

Stock markets rebound in early trade after two days of sharp fall

SJVN’s Nathpa Jhakri Hydro Power Station crosses 150 BU of power generation

SECI shifting focus to storage-backed RE, says MD

JNPA slashes stranded container count through coordinated efforts; sets up task force