RailTel Secures ₹63.15 Crore LoI from Prasar Bharati for WAVES OTT Platform
RailTel Corporation of India Ltd. has received a Letter of Intent (LoI) from Prasar Bharati (Broadcasting Corporation of India), Director General, Doordarshan, for additional features and services on its existing WAVES OTT platform.
The company disclosed the development in a regulatory filing dated September 16, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.
RailTel Order Details
According to the disclosure, the estimated size of the order is ₹63.15 crore, including taxes.
The order has been awarded by a domestic entity and relates to providing services for the existing WAVES OTT platform.
The key details are:
- Customer: Prasar Bharati, Director General, Doordarshan
- Order type: Letter of Intent / Award
- Nature: Service
- Project: Additional features and services on the existing WAVES OTT platform
- Estimated order size: ₹63.15 crore including tax
- Order received: September 16, 2026
- Execution deadline: February 11, 2029
- Geographical nature: Domestic
What Is the RailTel-WAVES OTT Order About?
The LoI covers the addition of features and services to the existing WAVES OTT platform operated by Prasar Bharati.
RailTel has not disclosed further technical details about the additional features or the specific scope of services in the regulatory announcement.
Therefore, the ₹63.15 crore figure should be viewed as the estimated size stated in the LoI, rather than assuming the entire amount represents immediate revenue for RailTel.
Order Execution Through February 2029
The disclosed execution period extends up to February 11, 2029.
This means the project is spread over a multi-year period rather than being an immediately recognised one-time order.
For investors tracking RailTel’s order book, the announcement adds another government-sector digital and technology-related project to the company’s business pipeline.
No Related-Party Transaction
RailTel stated that the promoter/promoter group/group companies do not have any interest in the entity awarding the order.
The company also disclosed that the order does not fall under related-party transactions.
Why the Order Matters for RailTel Investors
The announcement is relevant because it combines a sizeable order value with RailTel’s ongoing involvement in a government-backed digital platform.
The ₹63.15 crore estimated order size provides additional business visibility, while the execution period through February 2029 indicates a longer-term project relationship.
However, investors should also note that the announcement is based on a Letter of Intent/Award. The regulatory filing does not provide enough information to determine the project’s exact revenue recognition schedule, margins or contribution to RailTel’s future earnings.
RailTel Order Book: What Investors Should Watch
Following the announcement, investors may track:
- Further confirmation or issuance of the final work order/contract, if applicable
- Progress in execution of the WAVES OTT project
- Revenue recognition from the project
- Any additional orders from Prasar Bharati
- RailTel’s overall order book and order inflow
- Margin and profitability trends in its project and services business
RailTel Receives ₹63.15 Crore LoI
RailTel’s latest disclosure highlights another government-sector technology opportunity, with an estimated ₹63.15 crore order from Prasar Bharati for additional features and services on the WAVES OTT platform.
The project is scheduled for execution through February 11, 2029. While the order adds to RailTel’s business pipeline, investors will need to monitor subsequent contract developments and actual execution before assessing its financial impact.
Disclaimer: This article is based on information disclosed by RailTel Corporation of India Ltd. in its regulatory filing. It is intended for informational purposes only and should not be considered investment advice. Investors should review the company’s official filings and conduct their own research before making investment decisions.