Magellanic Cloud Subsidiary Wins LOA from Western Railway for Large-Scale CCTV Surveillance Project
Magellanic Cloud Limited, through its wholly owned subsidiary Provigil Surveillance Limited, has secured a contract from the Western Railway, Ratlam Division, involving the provision of a critical infrastructure security solution. The Letter of Acceptance (LOA) for the project is valued at ₹ 3,49,70,064.65.The contract pertains to the Supply, Installation, Testing, and Commissioning (SITC) of a comprehensive CCTV system designed for the monitoring of main line points and crossings within the Station Yard Areas. This initiative will span 38 stations across the Ratlam Division.
The scope of the project involves deploying an advanced IP-based CCTV surveillance system. The work required includes the erection of CCTV poles, the installation of weatherproof enclosures and equipment racks, and establishing power supply arrangements.
Specific operational tasks covered under the contract are extensive and include earthing and surge protection, trenching, HDD boring, cable laying, and civil and restoration works. The project also mandates complete integration with existing Railway CCTV and network systems.
The agreement further encompasses the testing and commissioning of the systems, along with necessary documentation, training, and the formal handover of the completed infrastructure.
This contract award significantly adds to the company's railway surveillance order book, underscoring the continued engagement of Provigil Surveillance Limited with the Western Railway's Ratlam Division. The business aligns with Magellanic Cloud Limited’s core mission of providing integrated surveillance, security, and technology solutions across critical infrastructure sectors.
MCLOUD Stock Price Movement
Shares of MAGELLANIC CLOUD LIMITED are edging higher to ₹26.41 as of 9:13 AM in the pre-open session, buoyed by a 0.46% gain. The stock is currently active, with a volume of 8,246 shares recorded in early trading.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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