Navratna PSU-RailTel Corporation bags order worth ₹97 crore
In a significant development, RailTel Corporation, a Navratna Public Sector Undertaking (PSU), has secured a massive order worth ₹97 crore from the Central Warehousing Corporation (CWC). The contract, awarded via a Letter of Intent (LOI) on May 20, 2024, involves the supply, installation, testing, commissioning, and maintenance of Smart Warehousing Elements at 226 foodgrain warehouses. This project, set for completion by July 6, 2030, aims to modernize India’s foodgrain storage and logistics.
The order is a testament to RailTel’s expertise in providing cutting-edge technology solutions to various industries, including the warehousing sector. With this contract, RailTel will play a crucial role in enhancing the efficiency and effectiveness of India’s foodgrain storage and logistics infrastructure.
Under the terms of the contract, RailTel will be responsible for designing, manufacturing, supplying, installing, testing, commissioning, and maintaining Smart Warehousing Elements, including Automated Warehousing Systems, Cold Chain Solutions, and other related infrastructure. The project will enable CWC to provide modern and efficient storage facilities to farmers, traders, and other stakeholders in the foodgrain supply chain.
The project’s scope is vast, with RailTel expected to cover 226 foodgrain warehouses across various locations in the country. The installation of Smart Warehousing Elements will enable CWC to monitor and manage its warehouses more effectively, reduce manual labor, and improve the overall efficiency of its operations.
RailTel’s expertise in providing IT and networking solutions will be instrumental in ensuring seamless integration of the Smart Warehousing Elements with CWC’s existing infrastructure. The company’s team of experts will work closely with CWC to design and implement a robust and scalable solution that meets the specific needs of the warehousing sector.
The project’s timeline is ambitious, with RailTel expected to complete the installation and commissioning of the Smart Warehousing Elements within a period of six years. The company will also provide maintenance and support services to ensure that the solutions remain operational and effective throughout the project’s duration.
The order is a significant milestone for RailTel, marking a major expansion of its presence in the warehousing sector. The company has already established itself as a leading provider of IT and networking solutions to various industries, including the transportation, energy, and healthcare sectors.
RailTel’s ability to deliver complex projects on time and within budget has earned it a reputation as a reliable and efficient partner for government agencies and private sector companies. The company’s expertise in providing end-to-end solutions, from design and implementation to maintenance and support, makes it an attractive partner for organizations seeking to modernize their infrastructure and operations.
In conclusion, RailTel’s order worth ₹97 crore from the Central Warehousing Corporation is a significant development in the company’s growth journey. The project’s scope and timeline are ambitious, and RailTel’s expertise in providing IT and networking solutions will be instrumental in ensuring its success. As the company continues to expand its presence in the warehousing sector, it is likely to play a crucial role in modernizing India’s foodgrain storage and logistics infrastructure.
