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Home / Market News / RailTel Bags ₹16.22 Crore MPLS Services Contract from EPFO
MN · Market News

RailTel Bags ₹16.22 Crore MPLS Services Contract from EPFO

RailTel Bags ₹16.22 Crore MPLS Services Contract from EPFO

RailTel Secures Major MPLS Services Order from EPFO

On December 6, 2024, RailTel Corporation of India Ltd. announced a significant achievement by securing a major order from the Employees Provident Fund Organisation (EPFO). The contract, valued at ₹16,22,32,280 (inclusive of taxes), involves providing MPLS services to 140 locations. This project underscores RailTel’s technical prowess and strengthens its position as a leading MPLS services provider in India.

Key Highlights of the Order

  • Scope of Work:
    RailTel will implement MPLS (Multiprotocol Label Switching) services across 140 EPFO locations. MPLS enhances data transmission efficiency by using short path labels to direct data, minimizing routing delays and optimizing traffic flow.

  • Contract Value:
    The project is worth ₹16.22 crore, reflecting its scale and importance.

  • Project Timeline:
    RailTel is tasked with completing the MPLS deployment by March 31, 2027, ensuring over two years for comprehensive implementation.

  • Domestic Project:
    Both RailTel and EPFO are Indian entities, making this a domestic collaboration with significant regulatory and operational relevance.

  • Competitive Bidding Process:
    The order was awarded through the Government e-Marketplace (GeM) platform under Bid No. GEM/2023/B/4262188. RailTel’s competitive pricing and technical capabilities secured the contract.

  • Transparency:
    RailTel confirmed no conflict of interest in this contract. Neither the promoters, promoter groups, nor related parties have any connection with EPFO.

  • Prompt Disclosure:
    RailTel reported the work order receipt at 19:42 on December 6, 2024, adhering to transparency and regulatory compliance.

This order is poised to enhance RailTel’s financial performance while solidifying its market leadership in MPLS services.