Core Announcement – Order Details

Awarding Entity: National Payments Corporation of India (NPCI)

Domestic/International Order: Domestic

Nature of Order/Contract:

The contract involves supply, installation, testing and commissioning of enterprise server infrastructure to be deployed at NPCI Data Centres, along with comprehensive maintenance and support services for a period of seven years. The scope includes rack and stack services, maintenance support including spare parts, 24x7x365 OEM-backed Technical Assistance Centre (TAC) support, helpdesk services, firmware and driver upgrades, operating system review and upgrade recommendations, incident management and escalation support, field engineering support for maintenance and upgrade activities, coordination with OEMs for resolution of critical and high-severity issues, knowledge transfer services and other related support services required for maintaining the infrastructure in accordance with NPCI's operational requirements.

Order Value:

₹267.58 crores (Rupees Two Hundred and Sixty-Seven crores and Fifty-Eight Lakhs only) (Excluding GST)

Materiality Context: Not Specified

Execution Timeline:

7 years

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified