Spanco bags Rs.85 cr Goa IT project

NEW DELHI, INDIA: Technology infrastructure company Spanco Ltd. on Thursday said it had bagged an infotech (IT) project worth Rs. 85 crore from Goa State Electricity Board.

"This is Spanco's fourth consecutive win in this space. It has already bagged similar projects in the states of Punjab, Maharashtra and Bihar," the company said in a regulatory filing.

The project is part of the restructured accelerated power development and reform programme, an initiative by the ministry of power to upgrade the power supply reliability at distribution level.