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Suyog Telematics receives Letter of Acceptance from MSRDC

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Capital Market
Last Updated : Dec 29 2016 | 12:03 AM IST

To install BTS Equipment along Bandra Worli Sea Link

Suyog Telematics has received a letter of acceptance from Maharashtra State Road Development Corporation (MSRDC) with respect to bid(s) submitted for installing BTS Equipment on poles along Bandra Worli Sea Link in Mumbai for a period of 5 years on a as is where is basis.

This letter of acceptance allows the Company to install BTS Equipment on 35 poles along Bandra Worli Sea Link on a as is where is basis for a period of 5 years.

The Company expects to complete the remaining formalities shortly and make these sites active for revenue generation in Q4 of FY 2016-17.

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First Published: Dec 28 2016 | 5:01 PM IST

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