Corporate Infotech Secures Rs 114 Crore Contract with Indian Oil for IT Maintenance

Corporate Infotech Pvt Ltd (CIPL) secures a Rs 114 crore contract with Indian Oil Corporation Limited (IOCL) for IT infrastructure maintenance.

  • Corporate Infotech Pvt Ltd (CIPL) secures a Rs 114 crore contract with Indian Oil Corporation Limited (IOCL) for IT infrastructure maintenance.
  • The three-year deal involves more than 400 engineers managing IT infrastructure at 131 locations nationwide.
  • CIPL aims to increase its turnover to Rs 1,000 crore in FY25, building on its Rs 650 crore turnover in FY24.

Corporate Infotech Pvt Ltd (CIPL) has won a significant three-year contract worth Rs 114 crore from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure. This project will see over 400 engineers deployed across 131 locations nationwide, ensuring the smooth operation of IOCL’s IT hardware.

Vinod Kumar, MD and CEO of CIPL, hailed this contract as a remarkable achievement, highlighting the company’s strong track record in delivering successful projects. Headquartered in Noida, CIPL reported a turnover of Rs 650 crore in FY24 and aims to reach Rs 1,000 crore in FY25. CIPL has previously worked with several public sector undertakings, including ONGC and NTPC.

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