The order involves supply, installation, operations and maintenance of state wide surveillance and ITMS project across Gujarat under the flagship program called ‘Video Integration and State Wide Advance Security- VISWAS’- Phase -II.
The firm has been selected to implement the work in Cluster-I districts namely - Aravalli, Gandhinagar, Kutch (East), Kutch (West), Mehsana, Patan and Sabarkantha.
The said project is worth Rs 52.87 crore and it will be executed in 5 years.
RailTel a "Mini Ratna (Category-I)" central public sector enterprise, is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country.
The company reported 23% rise in net profit to Rs 68.15 crore on a 40% increase in revenue from operations to Rs 599.15 crore in Q2 FY24 as compared with Q2 FY23.
Shares of Railtel Corporation of India rose 0.21% to Rs 293.10 on the BSE.
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