Energy PSU Giant GAIL Awards Landmark Contract to Magellanic Cloud Limited Subsidiary

Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) today announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a purchase order from GAIL (India) Limited. The contract, valued at ₹127.62 million, was awarded through the Government e-Marketplace (GeM) platform and establishes a strong foundation for Magellanic Cloud's long-term presence in India's critical Oil & Gas sector, opening a significant new growth vertical.

Under the terms of the project, Provigil Surveillance Limited will deploy an integrated E-surveillance system across GAIL's NCR (Operations & Maintenance) network. The scope of work includes the Supply, Installation, Testing, and Commissioning (SITC), along with full maintenance of an advanced, enterprise-grade E-surveillance infrastructure designed to meet GAIL's technical specifications and stringent operational requirements.

Strategic Transformation & Commercial Highlights

- Strategic Foundation for Future Growth: Establishes a strong foundation for Magellanic Cloud's AI-enabled surveillance footprint in India's critical Oil & Gas sector, reinforcing the Company's long-term strategy of expanding intelligent technology solutions across critical infrastructure.

- Validation of AI-Enabled Security Capabilities: Reflects continued confidence among major public sector enterprises in Provigil's ability to deliver high-performance, enterprise-grade surveillance solutions.

- Stronger Public Sector Positioning: Reinforces Magellanic Cloud's role as a trusted technology partner for largescale public sector and critical infrastructure projects.

Commenting on the development, Mr Joseph Sudheer Thumma, Global CEO and Managing Director of Magellanic Cloud Limited, said: "This Purchase Order from GAIL (India) Limited establishes a strong foundation for Provigil's long-term presence in India's critical Oil & Gas sector. It reflects the confidence that leading public sector enterprises place in our execution capabilities and AI-enabled surveillance solutions. More importantly, it demonstrates how Magellanic Cloud's continued transformation through AI-driven innovation and integrated technology solutions is enabling us to create greater value across India's critical infrastructure ecosystem. As we continue expanding across strategic sectors, we remain committed to delivering intelligent, secure and scalable technologies that support the nation's digital transformation journey."

Source : Equity Bulls

Keywords

MagellanicCloud ProvigilSurveillance OrderWin GAILIndia