Indian Railway’s allots E-Office Project Phase 3 to RailTel Corporation of India Limited

Indian Railway’s allots E-Office Project Phase 3 to RailTel Corporation of India Limited

 Digitizes 8,64,894 e files and 34,87,689 e receipts hosted on RailTel’s Servers

Chennai, Nov 18;  In a continued effort to digitize its office working under Modi Government’s Mission Mode Project  (MMP), Indian Railways and RailTel Corporation of India Limited (“RailTel”) have signed an memorandum of understanding for implementation of e-office for Zonal Railways (Phase 3) using cloud enabled e-office application developed by NICs (National Informatics Centre) on November 11, 2020 . As per the MoU executed, the  NIC e-office platform project which is helping the Indian Railways digitize its manual records, is planned to be completed by Jan’2021 and cost approximately Rs 47.05 crores additionally.

In the first two phases which were completed in March 2020 and May 2020, RailTel had implemented the NIC platform for 106 establishments of the Indian Railways. As on 30th October, 2020, it hosts in its  Data Centres a total of 8,64,894 e-files, and 34,87,689 e-receipts i.e. letters, bills, office orders, created by 1,16,412 users of the Indian Railway in a continued  effort to replace the manual filing system and which we believe will lead to rationalizing operation costs besides eliciting transparency and going net zero on carbon footprints.

Talking about this initiative, Shri Puneet Chawla, Chairman and Managing Director, RailTel said” What started off as a pilot which we did for South Central Railways and Guntur division in 2019 has reached considerable scale and the transformation of the 165 year old Indian Railways is underway. Between April- October 2020 and during the lockdown, usage of NICs platform by the IR employees grew by 5.2 times for e-files and 6.9 times for e-receipts. The software which will be implemented can be accessed from anywhere, as it will be on a secured Virtual Private Network. Indian Railways is in the process of ensuring quick implementation and adoption. We will be doing workshops, audit offices, RPSF office and other establishments of Indian Railways in the third phase”.

A RailTel- Indian Railway communication on an MOU signing recently announc ed a partnership to deploy a Hospital Management Information System across 125 health facilities and 650 polyclinics across Indian Railways.

  About RailTel

RailTel a “Mini Ratna (Category-I)” Central Public Sector Enterprise, is one of the largest neutral telecom infrastructure providers in the country (Source: CRISIL Report “Assessment of the telecom and telecom data services industry in India” dated September 2020) owning a Pan-India optic fiber network covering several towns & cities and rural areas of the country. Along with a strong a reliable network of 57457 RKM of Optic fibre

(as of 30th September 2020), RailTel has two tier III data centers as well. With its Pan India high capacity network, RailTel is working towards creating a knowledge society at various fronts and has been selected for implementation of various mission-mode projects for the Government of India in the telecom field. RailTel offers a bundle of services like, MPLS-VPN, Telepresence, Leased line, Tower Co-location, Data center services etc. RailTel is also working with the Indian Railways to transform railway stations into digital hub by providing public Wi-Fi at railway stations across the country. As of 31st October, 2020, total 5819 stations are live with RailTel’s RailWire Wi-Fi.

 Disclaimer: RailTel Corporation of India Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations to make an initial public offering of its Equity Shares and has filed the draft red herring prospectus (“DRHP”) with SEBI. The DRHP will be available on the websites of SEBI at www.sebi.gov.in, websites of the Stock Exchanges i.e., BSE at www.bseindia.com, NSE at www.nseindia.com and websites of the BRLMs at www.icicisecurities.comwww.idbicapital.com and www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please see the section “Risk Factors” beginning on page 25 of the DRHP.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursu-ant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold outside the United States in offshore transactions in compli-ance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdic-tion where those offers and sales occur