RailTel bags ₹47.4 Cr LAN order from Haryana HARTRON.

RailTel Corporation of India Limited (RAILTEL) has received a Letter of Acceptance from Haryana State Electronics Development Corporation Limited. The estimated order value is ₹47.4 crore (including tax) The order is a Rate Contract for Supply, Installation, Testing and Commissioning (SITC) of Structured LAN at various locations in Haryana, Chandigarh, and Delhi NCR. It is on behalf of various Haryana State Government Departments. Purchase orders will be issued from time to time as per requirement. The execution deadline is 18 April 2028. The order is domestic in nature. The key trigger is the rate contract win for structured LAN projects, adding to RailTel’s order book in government digital infrastructure. While the estimated value is moderate relative to the company’s scale, it supports revenue visibility over the multi-year execution period. Peers in the telecom infrastructure and network solutions space such as HFCL, Tejas Networks, and Tata Communications may face comparison on government order inflows. Near-term prices could see a mild positive reaction on the order announcement. Risks include phased issuance of purchase orders under the rate contract or execution delays beyond the April 2028 deadline. Competitors listed: HFCL, Tejas Networks, Tata Communication