ITI Ltd stock rises by 0.4%, receives work orders worth Rs 95 Cr from Uttarakhand government

Telecom stock, ITI Ltd is in focus upon receiving work orders worth Rs. 95 Crores from the Government of Uttarakhand. ITI Limited has engaged in manufacturing, trading, and servicing of telecommunication and other associated equipment and has received a new work order from the Directorate of Geology & Mining, Government of Uttarakhand for a consideration of Rs. 95 Crores for five years. 

The said work order is for the Mining Digital Transformation & Surveillance System (MDTSS) project for the effective prevention of illegal mining and mineral transportation and to increase its revenue in the state. 

It involves the development, implementation, and maintenance of the Mining Digital Transformation & Surveillance System (MDTSS) in the districts of Dehradun, Haridwar, Udham Singh Nagar, and Nainital. 

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The systems will be installed at 40 check gates across Dehradun, Haridwar, Nainital, and Udham Singh Nagar. Dehradun will have 8 check gates, Haridwar 13, Nainital 10, and Udham Singh Nagar 9. 

The new system is equipped with bullet cameras, RFID radars, and LED floodlights. With Mining State Control Centre (MSCC) is being set up in Dehradun, along with mini command centers at district headquarters in Dehradun, Haridwar, Nainital, and Udham Singh Nagar. 

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