New Delhi [India] Indian Oil Corporation Limited (IOCL) has awarded a contract worth Rs 114 crore to Noida-based IT services provider Corporate Infotech (CIPL) for annual maintenance of its IT infrastructure across all divisions.

The contract will be executed over three years from June 2024 to May 2027. According to a release issued by CIPL, CIPL will deploy over 400 engineers to manage regular comprehensive maintenance of IT infrastructure at 131 Indian Oil locations across the country.

This maintenance will include corrective and preventive services for a range of IT hardware including servers, storage devices, switches, routers, desktop computers, notebooks, printers, scanners, projectors, video conferencing devices, modems and UPS systems (up to 3 KVA) . ,

CIPL has awarded many projects to many Public Sector Undertakings (PSUs) like ONGC, SPMCIL, PFMS, NTPC and Airport Authority of India.

Commenting on the contract, CIPL MD and CEO Vinod Kumar said, "This demonstrates CIPL's reliable track record and commitment to successfully deliver projects for our customers."

CIPL is a leading player in the IT and ITES sector. The company had recorded a turnover of Rs 650 crore in the last financial year (FY 2023-24) and the IT services provider is targeting a total turnover of Rs 1,000 crore in FY 2025.

In August 2023, CIPL won a Rs 137 crore contract from state-owned Security Printing and Minting Corporation of India Limited (SPMCIL) for the design, supply, installation and maintenance of two data centers including migration to S4. HANA Platform in Noida and Hyderabad.