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Educomp Solutions bags order from Maharashtra Government
Educomp Solutions has received the Letter of Intent from The Director of Education
(Secondary and Higher Secondary Education), Government of Maharashtra, for the
implementation of ICT Schools Project-Phase 2 in two regions, namely Nasik and Latur,
totaling 540 secondary and higher secondary schools covering class V to XII.
The project, worth `67.93cr, will be implemented in the build, own, operate and transfer
(BOOT) model for a period of five years, including supply and maintenance of computer
hardware, software and lab accessories; provision for computer faculty in each school;
training of school teachers every year; provision of computer educational services,
including deploying and running school management software and multimedia
educational software as per-state board curriculum; and providing computer education,
courses on spoken English communication skills, safe usage of internet and awareness on
cyber crime.
With this project, the company’s ICT division’s – Edureach – existing portfolio has
increased to 11,090 schools across India. We continue to maintain Buy on the stock with a
Target Price of `674.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Educomp Solutions bags order from Maharashtra Government
Educomp Solutions has received the Letter of Intent from The Director of Education
(Secondary and Higher Secondary Education), Government of Maharashtra, for the
implementation of ICT Schools Project-Phase 2 in two regions, namely Nasik and Latur,
totaling 540 secondary and higher secondary schools covering class V to XII.
The project, worth `67.93cr, will be implemented in the build, own, operate and transfer
(BOOT) model for a period of five years, including supply and maintenance of computer
hardware, software and lab accessories; provision for computer faculty in each school;
training of school teachers every year; provision of computer educational services,
including deploying and running school management software and multimedia
educational software as per-state board curriculum; and providing computer education,
courses on spoken English communication skills, safe usage of internet and awareness on
cyber crime.
With this project, the company’s ICT division’s – Edureach – existing portfolio has
increased to 11,090 schools across India. We continue to maintain Buy on the stock with a
Target Price of `674.
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