RailTel Corporation bags Rs 120 cr order from Bharat Coking Coal
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State-owned RailTel Corporation of India on Friday said it has bagged a Rs 120 crore-order from Bharat Coking Coal Ltd. “RailTel Corporation of India Ltd has received the work order of a total amount of Rs 119.72 crore from Bharat Coking Coal Ltd (BCCL) for implementation of MPLS-VPN services along with miscellaneous services at 340 locations of BCCL for the period of 60 months,” it said in a filing to BSE.
A Mini Ratna PSU, RailTel is a leading neutral telecom infrastructure providers and has a pan-India optic fibre network on exclusive right of way along railway track.
Shares of the company were trading 1.34 per cent higher at Rs 132.50 apiece on BSE.