Cuttack, Odisha: RailTel Corporation of India Ltd, a government-owned Railway Public Sector Undertaking (PSU), has emerged in the spotlight after securing a significant new work order from the Cuttack Development Authority (CDA), Odisha. The project is valued at ₹15.84 crore (₹15,84,92,196 including taxes) and involves the deployment of AI-based digital billboards across the city.
Letter of Acceptance Received
RailTel confirmed that it has received the official Letter of Acceptance (LoA) from the Cuttack Development Authority, confirming its selection for the ambitious urban tech enhancement initiative. The work order covers the supply and implementation of additional AI-based billboards in the city of Cuttack.
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Scope of the Project
This order signifies RailTel’s increasing footprint in smart city infrastructure and AI-driven urban development projects. The AI-based billboard project will integrate real-time data capabilities and intelligent display systems, aligning with India’s push toward digital and smart cities.
The awarded contract is aimed at improving public information dissemination, urban visibility, and civic communication through advanced AI-enabled displays. The expected date of project completion has been set for November 2, 2025, providing RailTel over a year to execute the entire scope of work.
Stock Market Reaction
Despite the positive development, RailTel shares closed slightly lower on the Bombay Stock Exchange (BSE) on July 1, 2025. The stock ended the day at ₹426.55, down 0.43% from the previous close. The mild drop comes amid broader market volatility and could be attributed to profit-booking or muted investor sentiment in the short term.
However, analysts suggest that strategic wins like this may strengthen RailTel’s revenue pipeline and boost investor confidence in the medium to long term.
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Strategic Significance for RailTel
RailTel’s engagement with urban bodies like the Cuttack Development Authority reflects its expanding role beyond traditional railway telecom infrastructure. With this order, RailTel continues to demonstrate its capability in high-value, tech-centric urban development projects.
This is not just a financial win for the PSU, but a strategic one that enhances its credibility in the AI and smart infrastructure space.
About RailTel
RailTel, a “Navratna” Central Public Sector Enterprise, is a leading provider of Information and Communication Technology (ICT) services in India, operating a nationwide optical fiber network. It was formed in 2000 to modernize railway communications and provide broadband and multimedia services using railway tracks’ right-of-way. RailTel’s services include broadband telecom, multimedia networks, and IT & ICT solutions, including data center services and Wi-Fi. RailTel boasts a vast optical fiber network, with over 61,000 route kilometers and 21,000 kilometers of citywide access.