State-owned firm RailTel Company of India has acquired work orders value Rs 243 crore from State Challenge Director, Bihar Schooling Challenge Council, based on a inventory change submitting.
The work order is for the provision of “college students package” for the scholars of Class 1 to Class 12 at authorities colleges in Bihar.
As per the change submitting, the order should be fulfilled by August 14, 2025.
On June 4, the corporate had acquired orders value Rs 274.40 crore from Motor Autos Division, Maharashtra. It’s to design, implement, function and preserve Clever Visitors Administration System (ITMS) on varied blackspots/ weak spots within the Vidarbha Circle for a interval of 10 years. RailTel is a Navratna firm.
The central authorities had granted Navratna standing to Railtel Company of India Ltd in August 2024.
The grant of ‘Navratna’ standing sometimes results in an enhanced delegation of powers, extra operational freedom, and monetary autonomy which is able to give enormous impetus to those firms. The Navratna firms have the autonomy to speculate as much as Rs 1,000 crore with out searching for approval from the central authorities.
The Division of Public Enterprises (DPE) is the nodal division for all of the Central Public Sector Enterprises (CPSEs) and formulates coverage about CPSEs.
