RailTel Corporation of India has received a Letter of Intent from Munitions India Limited for data-centre and disaster-recovery infrastructure. Its 23 October 2026 exchange filing puts the estimated order value at ₹20,04,04,809 including tax, or approximately ₹20.04 crore.
The Q-Shakti (QA4.0) project is intended to support 13 locations. A Letter of Intent, or LoI, records the stated engagement at this stage; the estimate should not be read as revenue already earned or work already delivered.
What the official filing confirms
| Item | Verified terms | Official evidence |
|---|---|---|
| Development | Letter of Intent from Munitions India Limited; received 23 October 2026 at 12:33 | Issuer record |
| Estimated amount | ₹20,04,04,809 including tax, approximately ₹20.04 crore | Issuer record |
| Project | DC and DR centre on IaaS for Q-Shakti (QA4.0), supporting 13 locations | Issuer record |
| Period | Four-month go-live period plus six years; extendable by three years | Issuer record |
| Execution-date field | 28 February 2027; this does not mean the six-year service period ends then | Issuer record |
| Commercial terms | Quarterly invoicing; performance bank guarantee of 5% | Issuer record |
Why the two timelines need care
The annexure gives a four-month go-live period followed by six years of service, with a possible three-year extension. Separately, its execution-date field says 28 February 2027. CapKet has retained both entries rather than treating that date as the end of the entire six-year engagement.
DC means data centre. DR means disaster recovery: a separate recovery arrangement intended to help restore systems after disruption. IaaS, or infrastructure as a service, refers to computing infrastructure supplied as a service. These terms describe the project architecture, not a measured improvement in Munitions India’s operations.
Order value is not profit
The tax-inclusive amount is an estimate in the LoI. The filing does not disclose a project margin or the timing of revenue recognition. Quarterly invoicing also should not be converted into an assumed equal quarterly revenue figure: no such allocation is provided.
The extension is a possibility, not a completed award of an extra three years. Later issuer disclosures would be needed to establish actual delivery, recognized revenue or any change to the stated terms.
Source: RailTel’s 23 October exchange filing. Context: RailTel’s ICT-provider profile, checked from its cached official-page extract; the direct profile page timed out. Official filing and source observation: 25 October 2026 at 13:15:04 IST.
Related infrastructure order: KEC’s PGCIL transmission contracts
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