New Delhi: RailTel Corporation of India Limited has secured a purchase order worth approximately Rs 197.18 crore from State Bank of India (SBI) for the continuation of Multiprotocol Label Switching (MPLS) and Point-to-Point (P2P) connectivity services across the country for five years.
According to the company’s disclosure, the purchase order was received on October 13, 2026. The contract, valued at Rs 197.18 crore excluding taxes, will run from April 1, 2026, to March 31, 2031.
The order covers the continuation of MPLS links connecting SBI’s Data Centre and Disaster Recovery (DCDR) infrastructure and bank branches, along with P2P links across India at revised rates. The contract falls under the domestic telecom services category.
RailTel Receives Rs 197.18 Crore Purchase Order from SBI
The latest order strengthens RailTel’s role in providing connectivity infrastructure for India’s banking sector. Under the agreement, the company will continue delivering MPLS and P2P connectivity services supporting SBI’s data centres, disaster recovery facilities and branches nationwide.
The key details of the order are as follows:
- Awarding authority: State Bank of India
- Order value: Rs 197.18 crore, excluding taxes
- Scope of work: Continuation of MPLS links to SBI’s Data Centre and Disaster Recovery infrastructure and branches, along with P2P links across India
- Contract duration: Five years
- Contract period: April 1, 2026, to March 31, 2031
- Order receipt date: October 13, 2026
- Nature of contract: Domestic telecom services
The contract represents a continuation of existing connectivity services, with revised rates and a five-year duration defining the updated terms.
Read also: RailTel Secures ₹48.97 Crore Order from Odisha Government to Develop 83 Digital Application Modules
MPLS and P2P Connectivity to Support SBI’s Banking Network
The order includes two types of connectivity services that support communication and data transmission across SBI’s nationwide banking infrastructure.
Multiprotocol Label Switching (MPLS) is a networking technology that directs data traffic across connected locations using predefined paths. It can help organisations manage network traffic and connect multiple offices and facilities through a common network infrastructure.
Point-to-Point (P2P) connectivity provides a dedicated connection between two designated endpoints. Such links can support communication between specific locations, depending on the network configuration and service requirements.
Together, these services cover SBI’s data centre and disaster recovery infrastructure, branches and other designated locations across India. The disclosure does not provide a detailed breakdown of the contract value by location or connectivity service.
RailTel Discloses SBI Order Under SEBI Listing Regulations
RailTel has informed the stock exchanges about the purchase order under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company stated that the order does not involve any interest of its promoter or promoter group and does not fall under related-party transactions.
The disclosure provides details of the order’s value, scope, duration and nature as part of the company’s regulatory reporting requirements.
RailTel Shares Trade Higher on NSE
RailTel shares were trading more than 1% higher at Rs 254.85 apiece on the National Stock Exchange (NSE) at 12:50 pm on October 14, 2026.
The quoted price represents an intraday market reading and not the stock’s closing price. The movement was reported following the announcement of the SBI connectivity order.
The share price and percentage change reflect the market position at the specified time and may differ from the closing figures.
About RailTel Corporation of India Limited
RailTel Corporation of India Limited is a public sector enterprise under the Ministry of Railways, Government of India. It provides telecommunications and information and communication technology (ICT) services, including broadband, data connectivity, network infrastructure and digital solutions for government organisations, enterprises and other customers. Its nationwide telecom network supports connectivity requirements across multiple sectors.
About SBI
State Bank of India (SBI) is India’s largest public sector bank and one of the country’s most trusted financial institutions. Headquartered in Mumbai, SBI provides a wide range of banking and financial services, including retail banking, corporate banking, digital banking, investment services, and international banking operations.
Read also: RailTel Secures Rs 19.44 Crore Order from Ministry of Railways for EnHM Digital Platform
