Spanco, lowest bidder for service centres in Punjab
Friday, July 02, 2021 6:24 PM

Related Stories

Moumita Bakshi Chatterjee

New Delhi, July 2

The Mumbai-based company Spanco has emerged as the lowest bidder for setting-up nearly 520 Common Services Centres (CSCs) across three zones in Punjab – Ludhiana, Ferozpur and Sangrur, according to a senior company official.

A strategic cornerstone of National e-Governance Plan, CSCs are the primary physical front-end for delivery of government and private services to citizens. The CSCs are being designed as ICT-enabled kiosks having a computer along with basic support equipment such as printer, scanner, UPS (NYSE:UPS) , with backbone connectivity and additional equipment for edutainment, telemedicine, projection systems, wherever required.

The G2C services could include issuance of birth and death certificates, land records, affidavits amongst others, while market driven services which will be stacked with the Government services could encompass banking and insurance, tele-medicine, education, telecom, entertainment, bus/ rail/ air inquiry and ticketing.

“Spanco has quoted the minimum revenue support in the three zones and we expect to sign the MSA with Punjab Government shortly,” the Chief Executive Officer of e-governance Spanco, Mr Rajiv Aggarwal, said.

Typically, in projects like these, the bid is based on the revenue support required for setting-up and running the centres. In all, Punjab is in the process of awarding CSC contracts across 10 zones.

“From an e-governance perspective, this year we are aiming to achieve an order book of Rs 500 crore. We are going to participate in various tenders such as Aadhaar project, e-district, e-municipality and PDS System amongst others,” he added. Spanco had earlier bagged a contract to implement nearly 3,700 CSCs in Maharashtra.



Symbol :


Market news:

  • Hot Stocks Of The Day: AMD, BWEN, GENZ, MON, SNWL, CTRP Jul 06, 2021 11:37 AM

    US stocks rallied on Tuesday as investors scooped up beaten-down shares of technology and financial companies.

  • US June ISM Services Index Drops More Than Forecast Jul 06, 2021 10:23 AM

    Growth in U.S. service industries eased more than forecast in the month of June, according to a report released by the Institute for Supply Management on Tuesday.

  • Analyst Actions: GS, BP, AAPL, DIS, AMAT, FDO, GRS Jul 06, 2021 09:49 AM

    J.P. Morgan analysts Kian Abouhossein and Delphine Lee on Tuesday upgraded Goldman Sachs to Overweight from Neutral, saying that it is best in class managing each unit of risk.

  • Stocks In Focus: FIS, BEBE, CTIC, WAG Jul 06, 2021 08:20 AM

    Fidelity National Information Services, Inc. (NYSE: FIS) on Tuesday reaffirmed its outlook for the second quarter of 2010 for low single digit growth in adjusted revenues compared to $1.26 billion pro forma revenues in the second quarter of 2009.

  • ETF Update: DRV, DRN, SPY Jul 02, 2021 06:11 PM

    Direxion Daily Real Estate Bear 3X Shrs (NYSEArca: DRV) was the biggest gainer among the ETFs on Friday.

More news


    Closest Estimates

User SymbolConsen EPSEstimate EPSActual EPS
Jim OPNT$0.10$0.09$0.07
XXXXX MNT$0.33$0.33$0.35
XXXXX OPNT$0.10$0.05$0.07
XXXXX PETM$0.33$0.33$0.34
XXXXX JBX$0.70$0.82$0.80
XXXXX HPQ$0.69$0.70$0.70
XXXXX OPNT$0.10$0.09$0.07
XXXXX CHUX$0.31$0.35$0.36
XXXXX HPQ$0.69$0.70$0.70
XXXXX CRM$0.01$0.00$0.01

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
Richard WXXXXX RIMM$1.34
mikeXXXXX RIMM$1.34
joe blowXXXXX DLM$0.22