MoneyWorks4Me

RailTel Corporation of India receives LoI from Motor Vehicles Department

05 Jun 2025 Evaluate

RailTel Corporation of India has received a Letter of Intent (LoI) from Motor Vehicles Department, Maharashtra for Design, Implement, Operate and Maintain Intelligent Traffic Management System (ITMS) on various blackspots/ vulnerable spots in the Vidarbha Circle for a period of 10 years.

Estimated size of order as per Request for Proposal (RFP) is Rs 274.40 crore. The exact value will be known once Purchase Order (PO) is issued. The said order is expected to be completed by September 4, 2036. 

Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.


Peers
Company Name CMP
Bharti Airtel 1791.00
Vodafone Idea 14.10
Indus Towers 380.00
Tata Communications 1673.20
Railtel Corp. India 262.15
View more..