KLG Systel bags Rs 75 cr order
KLG Systel received Rs 75 crore contract for implementation of their software Vidushi and automatic meter reading (AMR)/advanced metering infrastructure (AMI) System i.e. SG 61 by a power distribution utility in India. The system shall be implemented in twelve months and maintained for five years. It shall cover one million power customers for the utility. This system will use the company`s intellectual property rights (IPR).
Shares of the company gained Rs 20.6 , or 3.47%, to trade at Rs 615. The total volume of shares traded was 94,177 at the BSE.(2.29 pm ,Monday ).
