CIPL: CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil

June 12, 2024

, By The Economic Times

CIPL: CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil

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Technology solutions company CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried out over a period of three years, starting from June 2024 and ending in May 2027. “Corporate Infotech Pvt. Ltd. (CIPL) has secured a landmark contract from Indian Oil Corporation Limited (IOCL) for the comprehensive annual maintenance of IT infrastructure across all divisions of the state-owned company,” CIPL said in a statement.

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As part of the contract, CIPL will deploy more than 400 engineers to manage the regular maintenance of IT infrastructure across 131 locations of Indian Oil nationwide.

“The contract, valued at Rs 114 crore, pertains to annual maintenance and Facility Management Services (FMS) for all divisions of Indian Oil across the country,” the statement further said.

Noida-based CIPL has earlier served several PSUs (public sector undertakings) like ONGC, SPMCIL, PFMS, NTPC and Airport Authority of India (AAI), among others.

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The company had secured a Rs 137-crore contract from state-owned Security Printing and Minting Corporation of India Limited (SPMCIL) in August last year.

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CIPL: CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil

June 12, 2024

, By The Economic Times

CIPL: CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil

Technology solutions company CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried out over a period of three years, starting from June 2024 and ending in May 2027. “Corporate Infotech Pvt. Ltd. (CIPL) has secured a landmark contract from Indian Oil Corporation Limited (IOCL) for the comprehensive annual maintenance of IT infrastructure across all divisions of the state-owned company,” CIPL said in a statement.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College	Course	Website
Indian School of Business	ISB Product Management	Visit
Indian School of Business	Professional Certificate in Product Management	Visit
IIT Delhi	Certificate Programme in Data Science & Machine Learning	Visit

As part of the contract, CIPL will deploy more than 400 engineers to manage the regular maintenance of IT infrastructure across 131 locations of Indian Oil nationwide.

“The contract, valued at Rs 114 crore, pertains to annual maintenance and Facility Management Services (FMS) for all divisions of Indian Oil across the country,” the statement further said.

Noida-based CIPL has earlier served several PSUs (public sector undertakings) like ONGC, SPMCIL, PFMS, NTPC and Airport Authority of India (AAI), among others.

Discover the stories of your interest

The company had secured a Rs 137-crore contract from state-owned Security Printing and Minting Corporation of India Limited (SPMCIL) in August last year.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Nykaa To Reappoint Pradeep Parameswaran and Seshashayee Sridhara As Independent Directors

The Economic Times

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