Digital infrastructure & IT services company secures order of Rs 175 crore from NICSI

STL Networks Limited (SNL) announced that it has emerged as the L1 bidder and received a Letter of Intent from National Informatics Centre Services Incorporated (NICSI). The domestic contract, valued at Rs 175 crore (exclusive of Taxes), is for the procurement of network equipment through the National Knowledge Network (NKN). Awarded under bid number GEM/2025/B/6918691, this project underscores Invenia-STL Networks' role as a key digital infrastructure provider, with the specific terms, conditions, and execution timelines governed by the official GeM portal specifications.

About Invenia - STL Networks Ltd

Invenia is a premier digital infrastructure and IT services company that empowers telcos, government, Defence and large enterprises across various sectors like BFSI, Education, Mining, Energy and Healthcare in India and the UK. The company specialises in enabling digital transformation by providing state-of-the-art services, including Connectivity, System Integration, Managed Services and AI-Enabled Solutions. Driven by its purpose to "Empower next-generation innovation through cutting-edge digital infrastructure," Invenia aims to challenge the status quo and create sustainable value for its customers, investors and employees.

For the year ending March 31, 2025, STL Networks-Invenia reported a revenue of Rs 1,180 crore and an EBITDA of Rs 81 crore. Invenia aims to use its expertise in large-scale deployments to strengthen its position in the global digital infrastructure and services space

Disclaimer: The article is for informational purposes only and not investment advice.