Magellanic Cloud's Subsidiary Secures ₹7.91 Crore LOA from Western Railway for Surveillance and Telecom Deployment

Magellanic Cloud's Subsidiary Secures ₹7.91 Crore LOA from Western Railway for Surveillance and Telecom Deployment

Magellanic Cloud's Subsidiary Secures ₹7.91 Crore LOA from Western Railway for Surveillance and Telecom Deployment​

Magellanic Cloud Limited, a global technology company specializing in digital transformation and e-surveillance, announced that its wholly owned subsidiary, Provigil Surveillance Limited, has secured a significant contract from Western Railway, Ratlam Division. The Letter of Acceptance (LOA) is valued at ₹7,91,60,064.53.

The contract encompasses the supply, installation, testing, and commissioning of Telecom Material in connection with deploying an integrated e-surveillance system. This project focuses on 40 or more Manned Non-Interlocked Level Crossing Gates within the Ratlam Division.

The scope of work requires the deployment of a combined e-surveillance and telecom infrastructure. This includes the provision of cameras, networking and telecom equipment, racks, power systems, solar-based power solutions, and associated cabling infrastructure and Optical Fibre Cable (OFC).

Strategic Impact and Order Momentum​

The contract win strengthens Provigil Surveillance Limited’s position in the railway, surveillance, and critical infrastructure sectors. This order adds to the Group’s growing footprint in technology-led solutions for critical infrastructure.

Magellanic Cloud noted that this recent contract comes amid strong order momentum across the company. The Group has secured orders worth over ₹111 crore so far in the current financial year, reinforcing Provigil’s role in Indian Railways’ modernization efforts.

Leadership Perspective​

Mr Joseph Sudheer Thumma, Global CEO and Managing Director of Magellanic Cloud Limited, commented on the importance of the contract.

“Indian Railways is undergoing one of the most significant infrastructure transformations in the country's history, and Provigil is proud to be advancing that journey. This LOA from Western Railway, Ratlam Division is not an isolated win—it's part of a growing pattern of trust the Railways has placed in us, order after order, division after division,” Mr. Thumma stated.

He added that the company is not merely installing cameras and cabling but is helping build the e-surveillance backbone necessary for a modern, safer railway network. The company concluded by noting that, with Group order wins already crossing ₹111 crore this financial year, this marks only the beginning of what Provigil intends to deliver for Indian Railways and the Public Sector.

Magellanic Cloud Limited, headquartered in Hyderabad, India, offers integrated capabilities across IT services and AI-driven surveillance systems. The company's solutions are widely deployed across critical infrastructure projects, including railways, highways, BFSI, and urban security systems.

MCLOUD Stock Price Movement​

Shares of Magellanic Cloud Limited are edging higher to ₹30.4 as of 9:34 AM today, rallying by 0.43% in live trading. The stock has seen active movement this morning, with 331,774 shares changing hands.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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