New Launch17 Mar 2026, 04:55 pm
Magellanic Cloud's Subsidiary, Provigil Surveillance, Receives LOI from RailTel Corporation for CCTV Surveillance Project worth INR 1,55,00,000
AI Summary
Magellanic Cloud Ltd announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Intent (LOI) from RailTel Corporation of India Limited for the 'Installation of CCTV Surveillance System for Customer of RailTel (CoR) (Inside Engg College Campus)'. The project, valued at INR 1,55,00,000, includes supply, installation, testing, and commissioning of CCTV surveillance infrastructure along with warranty support for 3 years. The delivery and execution of the project are expected to be completed within 1 month from the commencement of work.
Key Highlights
- Magellanic Cloud's subsidiary, Provigil Surveillance Limited, has received a Letter of Intent (LOI) from RailTel Corporation of India Limited.
- The project involves the installation of a CCTV surveillance system for RailTel Corporation's customers inside engineering college campuses.
- The project is valued at INR 1,55,00,000 and includes supply, installation, testing, and commissioning of CCTV surveillance infrastructure.
- The delivery and execution of the project are expected to be completed within 1 month from the commencement of work.
- This order further strengthens Provigil Surveillance Limited’s position in the public sector surveillance and critical infrastructure security segment.