GMR Projects awards contract to Allied Digital
Allied Digital Services Limited (BSE: 532875) (NSE id: ADSL), leading Systems Integrator and an IT Infrastructure Management Services provider today announced of it having bagged the contract for implementation & management of Toll Collection & Traffic Control solution from GMR Projects Pvt. Ltd., who are one of the leading infrastructure developers in India. The total order value for the contract will be about INR 200 million.
GMR has four national highway BOT concessions under development, awarded by National Highway Authority of India (NHAI).
The four concessions include:
a) GMR Ambala Chandigarh Expressway Pvt. Ltd., (GACEPL),
b) GMR Jadcherala Expressway Pvt. Ltd., (GJEPL),
c) GMR Pochampally Expressway Pvt. Ltd (GPEPL), and
d) GMR Ulundurpet Expressway Pvt. Ltd (GUEPL).
Under this contract, Allied Digital Services Ltd. (ADSL) will implement & manage IT infrastructure, intelligent video surveillance, unified communication, automated access Traffic Controls and optical scanners for vehicle classification for all the four national highways of GMR (above four locations) and enable centralized management. The execution for all the locations is expected to be completed by the end of this year.
Speaking on the new development, Mr. Nitin Shah, Chairman & Managing Director, ADSL said, “This contract of INR 200 million will supplement in developing superior infrastructure which is the need of the future in order to drive the economic growth faster. ADSL has the IT infrastructure management expertise that provide onsite and remote services. The Toll management system equipments provided by ADSL will offer better traffic management while the toll is collected efficiently & promptly. It will accurately capture classification details of each passing vehicle for audit thus ensuring reliable toll collection”.
The current scenario states that infrastructure companies are showing great interest in IT players when it comes to providing infrastructure solutions for their growing business needs. In India, the toll market plays a significant role in this sector and is expected to grow substantially, especially in the light of road projects.
Mr. Nitin Shah further added “The toll market appears very attractive in terms of sheer size and growth potential for the IT industry. It is undoubtedly the booming business for the next 10 years. With the government working towards connecting the entire nation with excellent road network such a contract that too with GMR will propel the growth of ADSL with the increase in the toll business across the country”.
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