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Mazagon Dock Shipbuilders Secures Rs 121 Crore AI-Based Infrastructure Security Project from MAHAGENCO

11 October 20243 mins read by Angel One
Mazagon Dock Shipbuilders has received a Rs 121 crore order from MAHAGENCO for AI-based infrastructure security solutions at GTPS-Uran and KGSC-Pophali.
Mazagon Dock Shipbuilders Secures Rs 121 Crore AI-Based Infrastructure Security Project from MAHAGENCO
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Mazagon Dock Shipbuilders Awarded AI-Based Security Project

Mazagon Dock Shipbuilders Limited (MDL), a leading Indian government-owned shipbuilding company, has secured a significant purchase order from Maharashtra State Power Generation Company Limited (MAHAGENCO). This project involves the supply, installation, and commissioning of AI-based comprehensive infrastructure security solutions at two critical sites: GTPS-Uran and KGSC-Pophali.

Project Scope and Deliverables

The project is focused on enhancing security at power generation sites using advanced artificial intelligence technology. The total value of the contract is ₹121.67 crore, inclusive of all taxes and duties. MDL will be responsible for delivering cutting-edge AI-based security systems, ensuring the safety and protection of these essential power plants.

The scope of the contract includes the following key deliverables:

  • Installation and commissioning of AI-driven security solutions.
  • Comprehensive infrastructure security for both sites.
  • Annual maintenance contracts (AMC) after the first year of implementation.

Timeline and Execution

The project is set to be completed by October 2025, showcasing MDL’s capability to deliver large-scale technological solutions within tight deadlines. This initiative not only strengthens MDL’s portfolio but also contributes to the nation’s efforts to enhance security at critical infrastructure sites.

A Milestone in Government Collaboration

Both Mazagon Dock Shipbuilders Limited and MAHAGENCO are government-owned entities under the Companies Act, 2013. This collaboration highlights the importance of inter-governmental partnerships in executing large infrastructure and security projects. With this deal, MDL continues to cement its position as a key player in delivering advanced technology solutions to government sectors.

Financial Impact and Growth Opportunities

With the order amounting to Rs 121.67 crore, this contract represents a significant boost to MDL’s order book and opens doors for future opportunities in the AI-driven security domain. As both domestic and global industries increasingly focus on infrastructure security, MDL is well-positioned to expand its footprint in this burgeoning market.

This development marks a critical step for Mazagon Dock Shipbuilders in embracing AI technology and showcases their commitment to contributing to India’s security and defense infrastructure.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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