Canarys Automations Secures Major Contract from GNIDA for Storm Water Management Programme Phase A
Canarys Automations Limited has been awarded a significant contract by the Greater Noida Industrial Development Authority (GNIDA) to manage its comprehensive Storm Water Management Programme (Phase A). The engagement, which is valued at ₹9,84,88,645, involves providing consulting and Digital Twin-based components aimed at tackling urban waterlogging and flooding issues across key industrial zones in Greater Noida.The contract outlines a detailed plan for GNIDA’s management needs, focusing on creating a long-term roadmap to overcome the challenges posed by rapid urbanization. The total duration for this phase of the engagement is set at 12 months.
The contractual details between Canarys Automations Limited and GNIDA are summarized below:
| Particulars | Details |
|---|---|
| Client Entity | Greater Noida Industrial Development Authority (GNIDA) |
| Scope of Work | Comprehensive Storm Water Management Programme (Phase A): Preparation of a Detailed Storm Water Design / Resolution Plan for Greater Noida through LiDAR Based Survey, Hydrological and Hydraulic Modelling, IoTs and AI based Design Studies. |
| Commercial Consideration | ₹9,84,88,645 |
| Contract Duration | 12 months |
| Relationship Status | Not a related party transaction |
Canarys Automations Limited will utilize an advanced array of technologies for this project. These include drone-based LiDAR terrain and water body mapping, smart 4G telemetry loggers, and 80 GHz microwave radar water level sensors. The work also entails integrated 1D/2D hydraulic simulation models to pave the way for an intelligent digital twin model of GNIDA that can help simulate flood impact and provide solutions during the city's expansion.
Commenting on the importance of the contract, Mr. Srinivas Rao, AVP at Canarys, stated that the selection serves as a critical commercial validation of the company’s water-management solution. He noted that this project demonstrates how their Flood Decision Support solution can be applied to India's most important economic hubs, building upon previous successful projects in Gorakhpur and Chennai.
Mr. Rao added that the consecutive stream of public wins solidifies Canarys' acceptability among major state and industrial authorities, proving that the company’s technology stack operates effectively at an enterprise scale. The project offers a significant opportunity for the company’s engineering and data science teams to pioneer fieldscale deployments of IoT, AI based decision support software, and spatial data analytics, assisting in the protection of the industrial township for the next twenty-five years.
CANARYS Stock Price Movement
Shares of Canarys Automations Limited today slipped by 3.03% to settle at ₹19.15. The stock traded a total volume of 224,000 shares during the session, having ranged between a low of ₹19 and a high of ₹20.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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