Provigil Surveillance Ltd receives orders worth Rs. 8.21 crore

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has received two Letters of Acceptance (LOA) from North Western Railway, Bikaner Division, aggregating to approximately ₹8.21 Crore.

The details of the orders are as follows:

1. Provision of CCTV Cameras at all PRS & UTS cum PRS counters at 54 stations (64 locations) over Bikaner Division, including supply, installation, commissioning and integration of complete CCTV systems with centralized monitoring rooms at divisional headquarters and station locations. Contract Value: ₹4.93 Crore (Approx.). Execution Period: 9 Months.

2. Provision of IP based CCTV systems for remote surveillance of TRD installations including Switching Posts (SP), Sub Sectioning Posts (SSP), Traction Sub Stations (TSS), and Depots across Bikaner Division, including supply, installation, testing, commissioning and integration of CCTV systems along with associated infrastructure such as NVRs, storage, networking equipment, UPS and connectivity solutions. Contract Value: ₹3.28 Crore (Approx.). Execution Period: 6 Months.

These orders are in continuation of earlier contracts secured by the subsidiary and reflect the Company's growing presence in the railway surveillance and security solutions segment. The repeat business underscores customer confidence in the Company's execution capabilities, further strengthens the consolidated order book, and enhances revenue visibility going forward.

Source : Equity Bulls

Keywords

MagellanicCloud ProvigilSurveillance LOA OrderWin NorthWesternRailway