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Spanco Tele to computerize Maharashtra Ration System

March 31, 2008

Spanco Telesystems & Solutions has been awarded a letter of intent by food, civil supplies and consumer protection department, Government of Maharashtra, appointing the company as sole & total solutions provider for computerization of the entire rationing system in the State and issue ration cards on build, own, operate and transfer and the project duration will be for a period of 3 years.

This contract shall give impetus to Spanco’s growth plans and strengthen Spanco’s future business opportunities and potential and also put Spanco in a leading position in all important government space, particularly considering the government spending and expansions programmes and budget allocations in the area of telecom & IT / ITES segment of which Spanco will be a direct beneficiary. The future business growth and outlook continues to be robust. The total value of the project would be approximately Rs 125 crore.

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