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RailTel bags ₹ 253.35Crores (excluding taxes)project from State Bank of India

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The project entails providing 4G LTE connectivity for 15000 offsite ATMs of State Bank of India. 

The SBI order is a key milestone for RailTel to provide high speed and reliable last mile connectivity, which is aligned with our core competence and business portfolio.: Sanjai Kumar, CMD, RailTel

 

New Delhi, Feb 02: RailTel Corporation of India Ltd, a Mini Ratna PSU under Ministry of Railways has received a Work Order from State Bank of India (SBI) for providing 4G LTE connectivityto 15000 offsite ATMs spread across Pan India. The project also entailsthe operations and maintenance of the entire network for a period of 5 years. The estimated total value of the project awarded to RailTel is ₹253.35 Crores (excluding taxes).

RailTel has been selected through a competitive bidding and this SBI project is one of the largest projects of providing last mile connectivity on 4G LTE technology in India.

Besides last mile connectivity, the project also includes establishment of Network Operations Centre (NOC), backhaul connectivity to the Data centre & Disaster Recovery centre (DC-DR) of SBI,live dashboard for SLA monitoring, 24X7 helpdesk, etc.

Commenting on the development, Sanjai Kumar, Chairman and Managing Director, RailTel said, “The SBI order is a key milestone for RailTel to provide high speed and reliable last mile connectivity, which is aligned with our core competence and business portfolio. RailTel continues to play an important role in the digital transformation journey of its clients. We will continue to eye more such projects to enhance our revenue stream. We are committed to provide satisfying services to our clients.”

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