RailTel Loses ₹89.91-Crore Order After Bihar Education Council Cancels Project
New Delhi: RailTel Corporation of India Ltd has informed stock exchanges that the Letter of Acceptance (LoA) and Work Order worth ₹89.91 crore received from Bihar Education Project Council (BEPC) has been cancelled by the customer due to unavoidable reasons. The company disclosed this information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Earlier, on September 8, 2025, RailTel had announced that it had secured the major order from the State Project Director, BEPC, for the supply of teaching-learning material for Class I to V in government schools across Bihar. The total estimated size of the order as per the LoA was ₹89,91,96,639.
However, in its latest exchange filing dated January 13, 2026, the company confirmed that the customer has now cancelled the work order, citing unavoidable reasons. RailTel has not disclosed any financial impact or compensation details related to the cancellation.
Key Highlights
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Company: RailTel Corporation of India Ltd
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Client: Bihar Education Project Council (BEPC)
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Nature of Work: Supply of Teaching Learning Material for Class I–V
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Order Value: ₹89.91 crore
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Original LoA Date: September 8, 2025
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Cancellation Date: January 13, 2026
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Reason: Unavoidable reasons (as per customer)
Why This Matters for Investors
The cancellation of such a high-value education project could have a short-term impact on RailTel’s order book and revenue visibility. However, RailTel continues to focus on expanding its core business in telecom infrastructure, IT services, data centers, cloud services, and smart city projects.