NIIT Tech bags Rs 228-cr IT contract from BSF

NIIT Technologies today said it has bagged a Rs 228 crore contract from the Border Security Force for providing software solutions.

The company in a filing to the Bombay Stock Exchange said that the Border Security Force (BSF) has approved placement of the contract for the Rs 228-crore Intranet Praharl Project to NIIT Technologies.

The project would help to connect all frontiers and battalions of BSF across the country. Currently, the BSF has over 157 battalions, with another 27 battalions in 9 sectors and 3 more frontiers to be raised in a phased manner.

Under the project, NIIT Technologies would set up infrastructure, network and applications to facilitate operations management, integrated financial activities and human resources management for the force.

NIIT Technologies would set up the entire infrastructure for the project, which includes establishment of a central data centre and 10 mini data centres among others.

"Our rich experience of engaging with and implementing turn-key assignments for paramilitary organisations will add value to our engagement with BSF," NIIT Technologies CEO Arvind Thakur said.

Shares of NIIT Technologies were trading at Rs 170.05, up 7.52 per cent on the BSE.