Bharat Electronics Ltd (BEL) secures Rs 847.84 crore worth of orders, including a significant IT infrastructure project for the Ministry of Finance. The order from the CBIC involves supplying, installing, and maintaining IT and networking infrastructure.
New Delhi, Jan 30 (PTI) State-owned Bharat Electronics Ltd (BEL) on Tuesday said it has bagged orders worth Rs 847.84 crore, including a major project from the finance ministry.
The company bagged an order worth Rs 665.84 crore (plus taxes) from Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, to implement and manage IT infrastructure.
"The scope of the project is to supply, install and maintain IT and networking infra, field IT support and centralised management and monitoring," BEL said in a filing to BSE, adding the maintenance support will be provided for five years which includes the implementation period.
"This is one of the biggest civilian projects acquired on competitive basis by BEL during the current financial year," it said.
BEL has also received orders worth Rs 182 crore towards miscellaneous spares and services. With this, BEL has received cumulative orders of Rs 28,494 crore in the current fiscal.
Rediff.com » Market News » BEL Bags Rs 848 Crore Orders: Major IT Project for Finance Ministry
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback