Techno Electric and Engineering share price surged almost 3% in trade today after announcing a major contract with RailTel Corporation of India. As of 12:40 PM, Techno Electric and Engineering shares were up 2.6% at Rs 1,678.10 on the NSE. The stock hit a day’s low of Rs 1,600 in the trade earlier today.
Techno Electric and Engineering today announced that the company has been awarded a significant contract by RailTel Corporation of India Ltd. to design, build, finance, operate, and transfer Edge Data Centers (EDCs) across 102 cities in India.
This 20-year concession, extendable by five years, aligns with India’s digital empowerment mission and aims to enhance digital infrastructure nationwide. The EDCs will support low latency, high bandwidth applications, and drive the adoption of digital services in rural and urban areas, propelling India’s Digital India mission.
