Gemini Communication receives Rs 260 cr order
Gemini Communication, in partnership with Midas Communication Technologies, has received Rs 260 crore order for executing a project for BSNL in the states of Tamil Nadu, Karnataka and Haryana.
The project shall be executed in phases, with phase I of Rs 50 crore in Tamil Nadu. Midas has outsourced the implementation of EDWAS project on a turnkey basis to Gemini.
As per the agreement, the pioneering technology developed by Midas has to be implemented and deployed by Gemini within 150 days.
At 11:39 am, Gemini Communication shares were up 6.63 per cent at Rs 223.45 on BSE.
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