Magellanic Cloud Subsidiary Secures ₹8.90 Crore DFCCIL Contract for CCTV Surveillance
Magellanic Cloud's subsidiary, Provigil Surveillance Limited, received a ₹8.90 crore LOA from DFCCIL for a five-year CCTV surveillance project. The contract covers SITC and O&M on an OPEX model across the Western Dedicated Freight Corridor. This follows a recent order from DFCCIL, strengthening the company's position in critical infrastructure.
The contract value of ₹8.90 crore is material for the company and contributes to its presence in the critical infrastructure sector, but it does not represent a transformative change in the company's overall financial standing.
The announcement details a significant new order win for a subsidiary, which is a positive development for the company's order book and growth prospects.
Magellanic Cloud Limited's wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for a contract valued at ₹8.90 crore. This marks another significant win from DFCCIL, reinforcing the PSU major's confidence in Provigil's capabilities.
The contract, awarded for a period of five years, involves the Supply, Installation, Testing, Commissioning, and Operations & Maintenance (SITC and O&M) of an IP-based CCTV Surveillance System on an OPEX model. The project will cover DFCCIL locations between New Palanpur and New Gothangam under the CGM/ADI Unit of the Western Dedicated Freight Corridor (WDFC).
The scope of work includes remote video monitoring, asset protection, perimeter security, Command and Control Centre infrastructure, and associated surveillance systems. This engagement strengthens Provigil's presence in critical transportation infrastructure and aligns with Magellanic Cloud's strategy of expanding in transportation, government, and other critical infrastructure sectors. The OPEX-based model provides long-term project visibility and supports the deployment of an integrated e-surveillance framework, advancing AI-enabled security solutions.
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Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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