Magellanic Cloud Subsidiary Wins ₹8.9 Cr DFCCIL Contract
Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for a contract valued at ₹8.90 crore. This five-year engagement involves the Supply, Installation, Testing, Commissioning, and Operations & Maintenance (SITC and O&M) of an IP-based CCTV Surveillance System on an OPEX model for the New Palanpur – New Gothangam section of the Western Dedicated Freight Corridor. This award follows a recent order from DFCCIL, highlighting growing confidence and strengthening Provigil's presence in critical transportation infrastructure. The scope includes AI-enabled video analytics and centralized monitoring, aligning with Magellanic Cloud's strategy in surveillance and security solutions.
Key Highlights
- Provigil Surveillance secures ₹8.90 crore contract from DFCCIL.
- Contract is for five-year IP-based CCTV Surveillance SITC and O&M.
- Strengthens presence in critical transportation infrastructure.
- Order follows a recent win from the same client, indicating trust.
- Enhances AI-enabled security solutions for large-scale infrastructure.
Price Impact
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