Deals17 Jul 2024, 01:36 am
Ascensive Educare Ltd Secures INR 3 Crores Work Order for Vocational Education in Madhya Pradesh
AI Summary
Ascensive Educare Ltd has entered into a Memorandum of Understanding (MOU) with SAMAGRA SHIKSHA for a work order worth approximately INR 3,12,18,000/- (Rupees Three Crores Twelve Lakhs Eighteen Thousand Only) for the Vocationalization of Secondary and Higher Secondary Education in 117 Government Schools in Madhya Pradesh. The MOU is valid for an initial period of one academic session, with the possibility of extension for up to three academic sessions based on performance. This move aligns with the National Skill Qualification Framework (NSQF) and reflects Ascensive Educare's commitment to excellence and contribution to the sector.
Key Highlights
- Ascensive Educare Ltd has secured a work order worth INR 3 Crores for vocational education in Madhya Pradesh.
- The MOU is valid for an initial period of one academic session, with the possibility of extension based on performance.
- The project aligns with the National Skill Qualification Framework (NSQF).
- The order does not fall under the ambit of Related Party Transaction.
- This move reflects Ascensive Educare's commitment to excellence and contribution to the sector.