Mumbai, Jul 3 (PTI) Ahmedabad-based IT services company Sahana System on Thursday said its subsidiary Softvan Ltd has emerged as the lowest (L1) bidder for a contract floated by the Indian Navy.
The project involves providing Non-RF infrastructure for upgradation of RF measurement system, the company said in an exchange filing. Non-RF refers to technologies and systems that do not use radio frequencies for communication or other purposes.
“The bid is valued at Rs 8.01 crore,” Sahana System said.
The company stated that the successful execution of this contract could open doors for future engagements with the Indian Navy – Defence sector, given the experience criteria and past performance requirements often seen in such bids.
This project adds to the group’s service portfolio, showcasing its capabilities in specialized infrastructure for RF measurement systems, it added. PTI PRS MR
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