Avantel bags Rs 460-cr contract for train tracking system

New Delhi: Technology solutions provider Avantel on Wednesday said it has secured a contract worth Rs 459.9 crore to supply and maintain Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS).

The contract was awarded by Bengaluru-based Zetwerk, an infrastructure and technology partner to the Indian Railways. It covers the supply and annual maintenance (AMC) of RTIS devices.

"Avantel Limited, a provider of technology solutions for the defence and communication sectors, has received a rate contract valued at Rs459.9 crore (excluding taxes) from Zetwerk, Bengaluru, for the supply and Annual Maintenance Contract (AMC) of Real-Time Train Information System (RTIS) devices for the Centre for Railway Information Systems (CRIS), Indian Railways," the company said in a statement.

RTIS is an Indian Railways project developed in collaboration with the Indian Space Research Organisation (ISRO).