Educomp Solutions bags order of INR 1.2 billion
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Educomp Solutions bags order of INR 1.2 billion

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Educomp Solutions said on Friday that it has received orders worth INR 1.2 billion from Uttar Pradesh and Assam governments to implement computer education in 2,042 schools in the two Indian states. The order from Uttar Pradesh, which has a tenure of 5 years, is for supplying computer hardware, software, connected accessories in 1,401 schools in Lucknow, Meerut, Jhansi and Gorakhpur, it said in a statement to the Bombay Stock Exchange. It also involves providing a full-time instructor at each school, supplying course material and making provision for electricity and Internet connection in each school, said Educomp Solutions.

Educomp has also received an order from Assam for computer-aided training in 641 schools, said the statement. The orders have helped the company achieve their target of 12,000 schools this year under the instructional and computing technologies implementation, a quarter in advance, said Chief Executive Officer and Managing Director Shantanu Prakash. At 12.36 p.m. shares in the company traded down 2.32% at INR 1,755 per share in a firm Mumbai market.

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