Pace Digitek secures its First Railway Sector Order from RailTel Worth ₹891 Million

Pace Digitek Limited, a leading integrated provider of Telecom infrastructure and Energy solutions, has secured an Advance Letter of Authorization (LOA) from RailTel Corporation of India Ltd. This security infrastructure project, valued at ₹890.69 million, involves end-to-end commissioning of IP-based Video Surveillance Systems (VSS) in LHB coaches.

The scope of work includes supply, installation, testing and commissioning of surveillance infrastructure, along with 3-year initial warranty followed by a 5-year Comprehensive Annual Maintenance Contract (CAMC). In alignment with the "Digital India" vision, the project will utilize high-fidelity monitoring systems that adhere to the latest RDSO/SPN/TC/106/2025 Version 3.1 specifications. This strategic initiative, executed for a Customer of RailTel (COR), significantly expands Pace Digitek's footprint in high-tech railway safety and ICT infrastructure.

Key highlights:

- Total Value: ₹890.69 Million (Inclusive of GST)
Scope of Work:

- Supply, installation, testing and commissioning of surveillance infrastructure
- 3 years Warranty and 5 years CAMC

Tech Specs: RDSO/SPN/TC/106/2025 Version 3.1

Commenting on the development, Mr. Maddisetty Venugopal Rao, Chairman & Managing Director, Pace Digitek Limited, said, "Securing this order from RailTel marks our entry into the railway rolling stock surveillance segment and reflects our increasing footprint in deploying mission-critical ICT infrastructure. The project aligns with our strategic focus on digitally enabled public infrastructure and contributes to enhanced passenger safety within a smarter & more secure national transportation ecosystem."

With the receipt of this order, Pace Digitek's total order book stands at ₹ 103,319 million, comprising ₹ 25,527 million in the Telecom & ICT and ₹ 77,792 million in the Energy segment.

Shares of Pace Digitek Limited was last trading in BSE at Rs. 178.95 as compared to the previous close of Rs. 182.55. The total number of shares traded during the day was 48917 in over 574 trades.

The stock hit an intraday high of Rs. 189.00 and intraday low of 175.95. The net turnover during the day was Rs. 8926995.00.

Source : Equity Bulls

Keywords

PaceDigitek INE0S3G01027 TelecomInfrastructure LOA RailTelCorporationofIndia