In Short:
RailTel Corporation is seeking new partners to bid for Railway tenders for the deployment of the anti-collision system, Kavach. They are already partnering with Quadrant and plan to work with other OEMs. RailTel also completed tendering for edge data centres and aims to execute 5-10 in FY25. Revenue growth of 25-30% is expected this fiscal year with a current order book of ₹4,800 crore.
RailTel Corporation Expanding Partnerships for Kavach Deployment
Welcome folks! Let’s dive into the latest news from RailTel Corporation, where they are gearing up to bid for tenders by the Railways for implementing Kavach —the anti-collision system.
RailTel, a Railway PSE delivering broadband and VPN services, is currently collaborating with Quadrant, a Kavach OEM. Quadrant’s products are in the testing phase awaiting approvals. Exciting times ahead!
Exploring New Partnerships
The company is on the lookout for “more partnerships” with other OEMs to act as a system integrator for bidding on projects and rolling out the automatic train protection system.
During an analyst call, Sanjai Kumar, CMD of RailTel, mentioned that bids will be placed for routes like Delhi-Mumbai and Delhi-Howrah/Kolkata. The Kavach OEMs currently include Medha, HBL Power, Kernex, and soon to be approved Quadrant and Digitronics.
Edge Data Centres and Future Goals
RailTel has finalized the setup of edge data centers, with 102 centers to be rolled out in the first phase. The tender was won by Techno Electric & Engineering Company. Exciting times ahead!
Kumar stated that RailTel’s aim is to achieve a 20-22 percent market share with the Kavach rollout. The company has also set a capex of around ₹250 crore and is anticipating a 25-30 percent growth in revenue for the ongoing fiscal year. Impressive goals!
Guidance and Future Prospects
With an existing order book of around ₹4,800 crore, RailTel is eyeing opportunities to cross-sell connectivity services and plans to execute 5-10 data centers in FY25. The future looks bright!
Stay tuned for more updates as RailTel Corporation continues to expand its horizons and make waves in the railway industry. Exciting times ahead!
