Trigyn awarded - New York Power Authority (NYPA) - IT Staffing Contract

Trigyn Technologies Limited's wholly owned subsidiary Trigyn Technologies, Inc., has been awarded a contract by New York Power Authority (NYPA) to provide Information Technology Contingent Staffing. The award is for a period of three (3) years, with an option by NYPA to extend for an additional two (2) years, bringing the potential term to five (5) years. Trigyn was one (1) of twelve (12) vendors selected by NYPA.

The Power Authority is the largest state public power organization in the United States, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. Its main administrative offices are in White Plains, NY. NYPA uses no state tax dollars and incurs no state debt, financing its operations through the sale of bonds and revenues earned in large part through sales of electricity.

Trigyn employees serve as contingent workers supporting many Authority IT projects and initiatives including a fully digital utility, power site and line functions, and ultimately, NYPA's vision for customer and grid flexibility in a carbon free generation.

The award covers 37 positions in various levels of expertise, organized across nine clusters, including Analysis, Project Management, Software Development, Architecture, Cyber Security, IT Support, Infrastructure/Networking, Data Management and Specialists roles.

This award facilitates the continued expansion of Trigyn's public sector business.

Shares of TRIGYN TECHNOLOGIES LTD. was last trading in BSE at Rs.40.1 as compared to the previous close of Rs. 40.05. The total number of shares traded during the day was 25936 in over 300 trades.

The stock hit an intraday high of Rs. 41.8 and intraday low of 38.7. The net turnover during the day was Rs. 1048702.

Source : Equity Bulls

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