In an effort to boost railway infrastructure and safety in the country, REC Limited has entered into an agreement with RailTel on Thursday (November 9) to financially support the KAVACH Train Collision Prevention System and numerous other infrastructure projects within the telecommunications, IT, and rail signaling domains.
The spectrum of these projects encompasses various domains, including Data Center products and services, Telecom & IT products and services, Railways & Metro projects, and the KAVACH Train Collision Prevention System. RailTel’s statement highlights that it will extend funding of up to Rs 30,000 crore over the next five years.
