Subsidiary wins Rs 3.73 Crore e-surveillance LOA from DFCCIL
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance has received a Letter of Acceptance worth Rs 3.73 crore from DFCCIL. The 5-year OPEX contract covers supply, installation, commissioning, and operations and maintenance of an e-surveillance system along a section of the Western Dedicated Freight Corridor in Rajasthan. Work includes theft prevention, remote monitoring, perimeter security, and command centre setup. The order adds to Provigil's growing presence in railway and PSU infrastructure projects.
Modest order size but adds to PSU portfolio with 5-year revenue visibility through subsidiary Provigil Surveillance.