3i Infotech Lands Three-Year Facility Management Contract with HPCL Worth Approximately ₹ 37.05 Crores
3i Infotech Limited has secured a significant business deal, having received a Purchase Order from Hindustan Petroleum Corporation Limited (HPCL). The contract involves providing comprehensive Facility Management Services (FMS) and related IT services across various HPCL locations for a duration of three years.The engagement covers the provision of essential IT support services across HPCL's corporate infrastructure, including the Corporate R&D Centre, Visakh Refinery, Head Office, Zones, ISC, and multiple PAN India sites. The scope of work is extensive, encompassing managed infrastructure services designed to ensure operational efficiency and service continuity for HPCL.
Key services outlined in the purchase order include skilled manpower support, desktop and endpoint assistance, printer and scanner support, server management, VMS endpoint support, travel assistance, and related IT infrastructure support services. These services will support HPCL's distributed IT operations.
The total value of the contract is approximately ₹ 37.05 crores (exclusive of applicable tax). This domestic order marks a substantial engagement for 3i Infotech in providing critical business continuity and technical support to a major industry player.
Details regarding this contract are summarized below:
| Detail | Information |
|---|---|
| Client | Hindustan Petroleum Corporation Limited (HPCL) |
| Nature of Order | IT Services - Facility Management Services and Digital Infrastructure Support |
| Service Period | 3 years |
| Contract Value | Approx Rs. 37.05 Crores exclusive of applicable taxes |
| Order Type | Domestic |
The successful execution of this contract by 3i Infotech will strengthen its position in providing crucial managed services to large corporate entities within the energy sector.
3IINFOLTD Stock Price Movement
Shares of 3i Infotech Limited today slipped by 0.95% to settle at ₹16.43, closing lower than its previous close. The equity saw a traded volume of 123,420 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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