Core Announcement – Order Details
Awarding Entity: Central Bank of India
Domestic/International Order: Domestic
Nature of Order/Contract: End-to-end expansion of the Bank's Private Cloud environment, deployment of NVIDIA GPU-based infrastructure for AI/ML workloads, and implementation of enterprise Kubernetes-based container platform. Includes supply, implementation, integration with existing IT systems, and comprehensive maintenance and lifecycle management support.
Order Value: Rs. 125.88 crores (Rupees One Hundred Twenty Eight Crores and Eighty-Eight Lakhs only) excluding GST
Materiality Context: Described as "prestigious project" supporting the Bank's initiative towards modernization of core IT infrastructure, adoption of cloud-native application platforms, and enablement of advanced computing capabilities including AI/ML workloads.
Execution Timeline: 5 years (covers both implementation and ongoing support)
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