Key Highlights
- RailTel Corporation of India secured an order worth ₹131.88 crore from Postal Life Insurance, excluding taxes.
- The order was awarded by the Directorate of Postal Life Insurance under the Department of Posts.
- The project involves serving as the system integrator for an Integrated Management System (IMS) for five years.
- The order is domestic in nature and was confirmed through a Letter of Acceptance dated October 26, 2026.
- The contract is scheduled for execution by November 1, 2031.
- The company received the Letter of Acceptance on October 26, 2026, at 2:36 PM.
RailTel Corporation of India Limited has received a Letter of Acceptance (LoA) from the Directorate of Postal Life Insurance under the Department of Posts for a project valued at approximately ₹131.88 crore, excluding taxes.
The order involves the company serving as the system integrator for an Integrated Management System (IMS) for a period of five years.The order is domestic in nature and was awarded by the Directorate of Postal Life Insurance, Department of Posts.
The estimated contract value is ₹131,88,38,162, equivalent to approximately ₹131.88 crore, excluding taxes. RailTel is responsible for implementing the project as the system integrator for the IMS over the specified five-year period.
The company has indicated November 1, 2031, as the execution deadline for the order.