Magellanic Cloud Subsidiary Wins ₹3.16 Cr CCTV Contract from DFCCIL
Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has secured a Letter of Acceptance (LOA) worth ₹3,16,00,452.60 from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for CCTV surveillance solutions. The five-year contract, operating on an OPEX model, covers the supply, installation, testing, commissioning, and maintenance of CCTV systems across a specified section of the Western Dedicated Freight Corridor (WDFC). The scope includes centralized monitoring and video analytics, with installation to be completed within 90 days. This order is expected to strengthen Magellanic Cloud's position in the railway, transportation, and critical infrastructure surveillance sectors.
Key Highlights
- Subsidiary Provigil Surveillance receives ₹3.16 Cr LOA from DFCCIL.
- Contract is for CCTV surveillance solutions on a five-year OPEX model.
- Scope includes installation, commissioning, and five years of O&M.
- Order strengthens company's presence in railway infrastructure surveillance.
Price Impact
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