Provigil Surveillance Ltd receives LoA from Southern Railway, Madurai Division

Provigil Surveillance Limited, the wholly owned subsidiary of Magellanic Cloud Limited, has received a Letter of Acceptance (LoA) from Southern Railway, Madurai Division (MDU Division), for the provision of CCTV cameras at Non-Interlocked Level Crossing (LC) Gates over MDU Division.

The total value of the contract is ₹3.20 Crores (Rupees Three Crores Twenty Lakhs only). This project is designed to enhance passenger security while delivering a cyber-secure, AI-enabled surveillance infrastructure across the railway network.

This follows the Company's earlier Letters of Acceptance (LoAs) received from the Railways valued at approximately ₹100 crores and another from the National Highways Authority of India (NHAI) worth ₹32 crores for the deployment of AI-based Video Surveillance Systems across railway networks and national highways. The scope of work under these projects includes advanced video analytics features such as vehicle counting and classification. Collectively, these achievements reaffirm Provigil's growing leadership in the field of AI-driven video analytics and smart surveillance solutions.

"These consecutive project wins, totaling around ₹126 crores, reflect our growing momentum and strong execution capabilities in delivering large-scale, AI-driven surveillance solutions. We take pride in setting new benchmarks in safety, cybersecurity, and innovation, as we continue to play a pivotal role in building smarter and safer infrastructure for India and beyond," said Mr. Joseph Sudheer Reddy Thumma, Global CEO & Managing Director, Magellanic Cloud Limited.

Source : Equity Bulls

Keywords

MagellanicCloud ProvigilSurvelliance LoA SouthernRailway MaduraiDivision