STL Networks is lowest bidder for Rs 555 crore Power Grid contract
STLNETWORK · price
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STL Networks has emerged as the lowest bidder for a domestic Power Grid Corporation of India contract to implement a Centralized Security Operations Centre for operational technology assets of substations. The stated value is Rs 555 crore, including taxes. Final award and execution remain subject to the bid process.
Positive for business prospects, but revenue and profit benefits depend on final award and execution; no margin impact was disclosed.