Mumbai-based infrastructure authority MMRDA has awarded Ceinsys Tech Limited a Rs 114.99 crore contract to digitally monitor its infrastructure projects using the Integrated Data and Document Platform (IDDP). The contract appoints Ceinsys as the System Integrator for the project, which will span four years—one for implementation and three for operations and maintenance.
This initiative is part of MMRDA’s broader digital transformation agenda aimed at improving oversight, transparency, and efficiency in managing large-scale urban infrastructure. The platform will allow real-time documentation, analytics, and performance tracking of ongoing and upcoming projects across the Mumbai Metropolitan Region.
The contract is a major win for Ceinsys Tech, further solidifying its presence in the government technology sector. The deal is fully domestic, with no related-party involvement or promoter interest, and is expected to elevate Ceinsys’s standing as a key public sector digital solutions provider.
Following the announcement, Ceinsys Tech’s share price fluctuated between ₹1,478.00 and ₹1,535.15 during the day’s trading, showing a positive market response despite being below its 52-week high of ₹2,105.00.
Also Read: Chennai Approves ₹7,430 Crore for Statewide Roads and Bridges Infrastructure
Mumbais MMRDA awards Ceinsys Tech Rs 115 crore project monitoring deal