RailTel Corporation of India Ltd announced
yesterday (23 Mar ’25) that it has secured a work order worth ₹25.15 crore
(excluding taxes) from Hindustan Petroleum Corporation Limited (HPCL). The company informed stock exchanges about this
development on March 23, 2025. According to the regulatory filing, the contract
involves providing MPLS/ILL links services to HPCL for a five-year period,
running from April 1, 2025, to March 31, 2030. The agreement serves as a rate contract for both renewal of existing
MPLS/ILL links and potential new connections that may be established during the
contract period, subject to feasibility confirmation.
The Navratna
PSU confirmed in its disclosure that the order does not involve any related
party transactions and that no promoter, promoter group, or group companies
have any interest in HPCL.