Educomp Solutions Ltd. announced that its ICT division Edureach had won an order worth Rs.209 crore from the Government of Assam under the prestigious ICT@Schools Project.
In this connection, the company signed the agreement with Assam Electronics Development Corporation Ltd., Government of Assam, for the implementation of Rajiv Gandhi Computer Education Program (RGCEP) under the Government of India ICT@Schools Scheme in 1,054 Government High and Higher Secondary schools of the state. Over 650,000 students are expected to benefit from this program every year.
The project will be implemented under build, operate and transfer (BOT) model for a period of five years, where Educomp will provide an IT lab, teachers, annual training workshops, web-based school management and monitoring software multimedia educational content as per state board curriculum covering core subject like Mathematics, Social Studies, English and General Science as well as courses on spoken English.
With the addition of 1,054 government schools in Assam, the company now reaches a total of 12,176 government schools serving over 6.7 million students across 10 states in the country.
At the BSE, Educomp Solutions shares are currently trading at Rs.203.40, up 0.30 percent from the previous close.
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