RailTel bags 12th National Award for Excellence in Cost Management 2014

RailTelNew Delhi: RailTel Corporation a “Mini Ratna (Category-I)” has been performing perfectly and providing best services to the users.

One of the largest neutral telecom services providers in the country owning a Pan-India optic fiber network cover all important towns & cities of the country and several rural areas covering 70% of India’s population.

It has added yet another jewel in its crown by bagging the 12th National Awards for Excellence in Cost management 2014. This award is organized by The Institute of Cost Accounts of India. RailTel has won the award in the category of Public Service Sector (Medium).

12th National Awards for Excellence was organized at Hotel Ashok, New Delhi where Col Rajyavardhan Singh Rathore AVSM, Minister of State for Information & Broadcasting presented the award to RailTel in an august gathering .

A jury of eminent personalities led by Justice V.N. Khare conferred RailTel the first place in the Public- Service Sector (Medium). National Awards for Excellence in Cost management is an initiative to promote practice of Cost management and recognizing outstanding contributions of Finance fraternity.

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 Govt. of India  projects in the telecom field.

Shri R.K.Bahuguna, CMD, RailTel receiving the Award from the jury
Shri R.K.Bahuguna, CMD, RailTel receiving the Award from the jury

Optic fibre cable (OFC) offers a significant advantage over other communication mediums due to its unlimited capacity, high degree of security and long-term economic gains. Further, it finds extensive application across industries. While the use of OFC in the telecom industry is widespread, it can also be used for intelligent transportation systems, connecting the power transmission infrastructure and in the biomedical industry. Despite several uses of fibre, India has very low OFC penetration as compared to other emerging countries. Lower income levels leading to service affordability issues have limited penetration among customers.

RailTel Corporation of India is a public sector enterprise with Mini-Ratna status. It is one of the largest neutral telecom infrastructure providers in the country owning a pan-Indian optic fibre network with exclusive right of way along railway tracks covering about 7,000 stations. The company offers a wide range of telecom services for telecom companies, government departments, enterprises, banks and educational institutions. RailTel currently has an OFC network along 44,300 route km of railway tracks. It provides OFC connectivity at more than 4,400 railway stations (including more than 600 long-haul and 3,800 short-haul stations). It has a high capacity bandwidth of up to 800G at 60 locations and an IP network for triple- play services of voice, video and data.

RailTel is also one of the three partners in the National Optical Fibre Network project. Its scope of work is spread across 36,000 panchayats in 11 states. Further, the company is laying fibre network in six north-eastern states under the Universal Service Obligation Fund. It  is also the lead organisation involved in the deployment of the National Knowledge Network, which connects various institutions of higher learning in the country. The company is currently focusing on delivering services to the enterprise and retail sectors. It has already launched services such as data centres, Wi-Fi, cloud and telepresence on its OFC network. It is also in talks with Indian Railways for launching an information and communications technology-based signalling system through its fibre network.