RailTel bags order worth Rs 287.57 cr from C-DAC
RailTel bags order worth Rs 287.57 cr from C-DAC 
PSU Watch

RailTel bags order worth Rs 287.57 cr from C-DAC

PSU Watch Bureau

New Delhi: State-owned RailTel Corporation of India Ltd said in a regulatory filing on Tuesday that "it has received the work order from Centre for Development of Advanced Computing (C-DAC) for supply, installation, integration, testing and commissioning of IT infrastructure in green field data centre at New Delhi and Bengaluru along with training and support amounting to Rs 287.57 crores (including taxes)."

The company has to complete the work within 300 days after the grant of the order, it said. Further, the company also said that no promoter/ group/group companies have any interest in the entity that awarded the orders/contracts. The order does not fall within related party transactions.

(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.)

Avaada Energy secures Rs 1,190 crore loan from SBI for solar project

Markets trade firm in early trade as GST revenues hit record in April

DGCA deregisters bankrupt Go First's 54 planes

GST mop-up breaches Rs 2 lakh crore milestone on strong economic momentum, efficient collections: FM

IFFCO gets Govt nod to launch 2 more nano-tech fertilisers