Energy PSU Giant GAIL Awards Landmark Contract to Magellanic Cloud Limited Subsidiary, Opening New Growth Vertical in Oil & Gas Sector
Hyderabad (Telangana) [India], July 30: 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 contr...
Hyderabad (Telangana) [India], July 30: 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.
