RailTel Corporation of India Ltd. Secures Major Order from Gail (India) Limited
RailTel Corporation of India Ltd. has officially announced the acquisition of a significant order from Gail (India) Limited for MPLS and Point-to-Point Leased Line Links. The details of the order, dated December 4, 2024, are as follows:
- Purpose of the Order: Gail (India) Limited placed this order for hiring P2P leased and MPLS connectivity for its various locations.
- Order Value: Rs. 10,64,74,420, inclusive of taxes.
- Domestic Nature: The order is categorized as a domestic transaction.
- Execution Timeline: The project is to be completed by February 11, 2025.
- Independence of Transaction: Neither RailTel’s promoter/promoter group/group companies nor Gail (India) Limited are related parties. This transaction does not fall under related party transactions.
- Order Receipt: RailTel received the work order on December 3, 2024, at 18:50.
