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ICSA, Dongfang bags LoA worth Rs 139.79 crore

27 Sep 2011 Evaluate

ICSA along with its lead consortium partner Dongfang Electronics company, China has bagged a LoA worth Rs 139.79 crore from Tamil Nadu Generation and Distribution Company for the establishment of SCADA/ DMS project in 7 cities in the state under RAPDRP scheme. This is the first ever LoA awarded in India under the Government’s ambitious SCADA implementation program (under RAPDRP) scheme for establishment of SCADA/ DMS projects aimed at reducing the AT&C losses.

Further, this LoA also assumes significance of being the first SCADA/ DMS LoA bagged under the “Dongfang -ICSA” consortium which has been empanelled as SCADA/ DMS implementation Agency (SIA) by Power Finance Corporation.

ICSA is in the business of providing technology solutions to power utilities. It also deploys infrastructure in distribution and transmission sectors for different state utilities.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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