RailTel Corporation Share Price Surges; Gets ₹164.79 Crore Work Order from Western Coalfields

RailTel Corporation of India has received a ₹164.79 crore work order from Western Coalfields Limited (WCL) for an MPLS VPN network, as per the exchange filings. The arrangement will run on a rental basis for 60 months.
Five-Year Contract with Western Coalfields
The work involves setting up the MPLS VPN network for WCL. The contract is scheduled to run until September 20, 2031, giving RailTel a five-year engagement with the coal mining company.
The order is worth ₹1,64,78,70,000, including taxes, according to the work order disclosed by RailTel.
Order Came in on August 19, 2026
Western Coalfields issued the work order to RailTel on August 19, 2026, at 6 PM. RailTel informed the stock exchanges about the order on August 20.
The contract is a domestic order. The filing also states that RailTel's promoter group has no interest in Western Coalfields and that the contract does not fall under related-party transactions.
Network Work Will Continue Until 2031
Unlike a short-term project, this arrangement covers the network on a rental basis for five years. The work order therefore runs through September 2031, with the total contract value set at ₹164.79 crore.
Read More: UCO Bank Share Price in Focus; Board to Consider Foreign Currency Fund Raising on August 24, 2026!
RailTel Share Price Performance
As of 21 August 2026, at 10:16 AM, RailTel Corporation of India share price is trading at ₹286.50 per share, reflecting a surge of 2.05% from the previous trading session.
Conclusion
RailTel has secured a ₹164.79 crore work order from Western Coalfields to establish an MPLS VPN network on a 60-month rental basis. The contract is scheduled to run until September 20, 2031.
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Published on: Aug 21, 2026, 11:22 AM IST

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