Thursday, August 13th, 2020

RailTel is truly a millennial PSU

INVC NEWS
New Delhi,

Indian Railways’ PSU RailTel celebrated its 20th Foundation day on 25th November 2019 in New Delhi. Minister of Railways and Commerce & Industry, Shri Piyush Goyal was the chief guest of the event. Minister of State of Railways, Shri Suresh C. Angadi graced the occasion as the Guest of Honour. Chairman, Railway Board, Shri Vinod Kumar Yadav and Member Signal & Telecom, Railway Board, Shri Pradeep Kumar, other Railway Board Members and Senior officials from Railways, DoT, Railway PSUs, and senior officials of the Telecom sector were also present on the occasion.

Speaking on the occasion through video conferencing, Minister of Railways and Commerce & Industry, Shri Piyush Goyal congratulated RailTel for its glorious journey. Shri Goyal said that RailTel is truly a millennial PSU with a short history behind and a long future ahead. RailTel has done a remarkable job by bringing Wi-Fi to every nook and corner of the country through Wi-Fi service on 5400+ railway stations. Now that the RailTel is coming of age, it needs to aim for greater heights and become a Rs. 10000 cr. company in the coming years.

Praising the station Wi-Fi project of RailTel, Shri Goyal said that the 5400+ station Wi-Fi will help in making Railway stations hubs of digital transformation. 1.5 cr people are using RailTel Wi-Fi in a month. Shri Goyal also shared some heartwarming stories of Station Wi-Fi helping people in achieving their dream. Shri Goyal shared a story of a porter in Kerala who used this Wi-Fi facility to study and clear Kerala Service Commission exam and Soni Sahu, a farmer, who is learning new techniques of farming using station Wi-Fi  to increase productivity,

Speaking on the occasion, Minister of State of Railways, Shri Suresh C. Angadi said that RailTel started as a Rs. 15 crore company and now it is a Rs. 1000+ crore company. Shri Angadi congratulated RailTel for connecting 5400+ stations to Wi-Fi in such a short time. Shri Angadi also advised CMD, RailTel to expeditiously connect gram panchayats under Bharatnet to bring Wi-Fi to the rural population.

In his welcome address, CMD/RailTel, Shri Puneet Chawla elaborated on the achievements made by RailTel in the past years. Shri Chawla stressed on the fact that RailTel is one of the very few consistently profit-making, dividend paying, debt free telecom PSUs despite tough competition in the market. In the last financial year RailTel achieved 1017 crore turnover, with an operating margin of Rs. 184 crores.

Shri Chawla spoke about some of the ongoing and new projects of RailTel, like station Wi Fi project, Railwire Saathi, NIC e-office, Video Surveillance system, Modern Train Control system etc. Shri Chawla also announced that RailTel has successfully started executing Railwire Saathi project to carryout assisted internet usage and to develop rural entrepreneurs–who will man Railwire Saathi kiosks at stations to extend various online e-governance services of Government of India to rural population. The Kiosks will be set up at 200 stations as a pilot project.

The programme concluded with the award presentation ceremony felicitating the outstanding achievers (individual and team) of RailTel.

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