Provigil Surveillance bags INR 4.31 Cr railway CCTV order from South Western Railway
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Magellanic Cloud's wholly owned subsidiary Provigil Surveillance has received a Letter of Acceptance from South Western Railway, Hubli Division for about INR 4.31 Crore. The project involves installing CCTV and surveillance systems at 75 level crossing gates in Hubli Division, to be completed in 6 months. Cumulative railway sector orders for the company have now crossed Rs 250 Crore.
Strengthens railway surveillance order book; positive for revenue visibility, though order size is modest relative to total pipeline.