RailTel Corporation of India has informed the NSE that it received a letter of intent from Munitions India Limited for setting up data-centre and disaster-recovery infrastructure on an IaaS platform. The arrangement covers an initial six-year period after go-live, with a possible three-year extension.
BKK Bureau, New Delhi | 25 October 2026 | 2:26 PM IST
RailTel Corporation of India Limited has disclosed to the National Stock Exchange of India that it has received a letter of intent from Munitions India Limited for a project estimated at ₹20,04,04,809, including taxes. The exchange filing was published on October 25, 2026, and records the underlying order-related information as of October 23, 2026.
The project involves setting up a data centre and disaster recovery centre on an Infrastructure-as-a-Service platform for the Q-Shakti project. According to the filing, the infrastructure will support Munitions India across 13 locations. The disclosure identifies Munitions India as the domestic customer and describes the assignment as an order or contract received by RailTel.
The contract structure provides for a four-month go-live period followed by six years of service. The filing also states that the arrangement can be extended by a further three years. This means the disclosed engagement combines an implementation phase with a longer operating period, although the exchange filing does not provide a separate value for the initial setup and subsequent services.
RailTel has stated that payments will be made against quarterly invoices. The customer is also required to provide a performance bank guarantee equivalent to 5% of the order value, according to the disclosure. Based on the estimated total value stated in the filing, the 5% guarantee would correspond to approximately ₹1.00 crore; the filing itself specifies the guarantee requirement as 5% and does not separately state an amount.
The exchange document lists February 28, 2027, alongside the contract details. The filing does not label this date in the supplied text beyond presenting it with the order information, so it is best treated as the disclosed project-related date rather than assigning it a more specific milestone.
The disclosure adds to RailTel’s reported order activity in the government and public-sector technology infrastructure space. In this case, the customer is Munitions India Limited, while the contracted work relates to hosting, data-centre and disaster-recovery infrastructure for a project operating across multiple locations. The filing does not provide a revenue-recognition schedule or state the expected profitability of the engagement.
RailTel’s disclosure is based on the estimated size of the order under the letter of intent. The final commercial outcome may therefore depend on the terms and execution of the contract, but the exchange filing confirms the stated value, scope, duration framework and contractual requirements.
Why it matters
The disclosure gives RailTel a sizable public-sector technology infrastructure engagement with a multi-year service period and a potential extension. It also shows the commercial structure of the assignment, including quarterly billing and a 5% performance bank guarantee, while identifying support for Munitions India’s operations across 13 locations.
Source: National Stock Exchange of India
Report discrepancies
Comments