Allied Digital Services Limited has bagged Smart City project for Kalyan-Dombivali in consortium with NEC Technologies India Pvt. Ltd.
Kalyan-Dombivali are cities in the Thane district of Maharashtra, close to Mumbai.
The project is expected to be executed in a period of 14 months and operations and maintenance shall run for 60 months.
Allied Digital's scope includes design and implementation of 800+ cameras across the cities of Kalyan and Dombivali and also deployment of body worn cameras, drones, dashboard cameras etc. to ensure citizen safety in the region. Allied Digital will also be responsible for the operations and maintenance of the project including the operations of the Command and Control center.
The Capital expenditure will be realized in 14 months and the operational expenditure over 60 Months.
Commenting on the win Allied Digital CMD - Mr. Nitin Shah, says, "This is one more feather in our cap in the ongoing Smart & Safe Cities projects we are executing. Of a total of 6 projects with Pune and Pimpri Chinchwad already executed we have 4 new cities - Aurangabad, Bidkin, Rajkot and now Kalyan Dombivali projects under execution."
Shares of ALLIED DIGITAL SERVICES LTD. was last trading in BSE at Rs.18.01 as compared to the previous close of Rs. 16.58. The total number of shares traded during the day was 11234 in over 94 trades.
The stock hit an intraday high of Rs. 18.29 and intraday low of 16.75. The net turnover during the day was Rs. 197156.