Provigil Surveillance Ltd receives LOA from South Central Railway Station

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division for a contract aggregating to ₹6,25,19,418.88 (Rupees Six Crore Twenty-Five Lakh Nineteen Thousand Four Hundred and Eighteen Rupees and Eighty-Eight Paise Only).

The project involves the provision of advanced surveillance systems at KVR, GVN, and Rajahmundry (RJY) railway stations for Godavari Pushkaram-2027, along with the replacement and augmentation of Video Surveillance Systems (VSS) at multiple railway stations and the installation of video recording systems in Relay Rooms and Station Master Rooms across the Vijayawada Division.

The scope of work includes the deployment of IP-based CCTV surveillance systems, Network Video Recorders (NVRs) and other associated Signalling & Telecommunication (S&T) infrastructure, culminating in the successful handover of the surveillance system.

This order further strengthens the Company's presence in the railway surveillance and security infrastructure segment and reinforces its capability to execute large-scale projects for Indian Railways.

Commenting on the development, Joseph Sudheer Thumma, Managing Director & Global CEO, Magellanic Cloud Limited, said: "This order reinforces the growing confidence that government continue to place in our surveillance capabilities. We have witnessed strong and consistent order inflows for our surveillance business, particularly from PSUs, reflecting the increasing demand for intelligent, reliable and scalable security infrastructure across critical public assets.

As India accelerates investments in railway modernisation and public safety, we remain wellpositioned to capitalise on these opportunities while strengthening our leadership in AI-enabled surveillance and mission-critical security solutions."

Source : Equity Bulls

Keywords

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