3i Infotech Wins NCDEX Contract, Shyam Metalics Buys Green Power Stake
By ThePip Desk•

Wind turbines and power lines connect to an industrial facility
Key Highlights
3i Infotech renews NCDEX managed services contract for ₹14.71 Cr. Shyam Metalics acquires 26% stake in Emerge Green Power for ₹75 Lakh to reduce energy costs.
3i Infotech Renews NCDEX Contract for ₹14.71 Crore
3i Infotech has secured a significant three-year contract renewal from the National Commodity & Derivatives (NCDEX). The deal, valued at ₹14.71 crore, was received on June 18, 2026.
- The contract covers managed services, onsite Facility Management Services (FMS), and Asset Management services.
- Key services include infrastructure management, data centre operations, disaster recovery, server and database administration, network security, and end-user support.
Shyam Metalics Invests in Green Energy
Separately, Shyam Metalics and Energy has strategically acquired a 26% equity stake in Emerge Green Power (EGPPL) for ₹75 lakh. This investment makes EGPPL an Associate company.
- Shyam Metalics acquired 26,000 equity shares in EGPPL.
- This move allows Shyam Metalics to qualify as a captive user under the Electricity Act, 2003.
- The aim is to leverage preferential tariffs, reducing overall energy costs and utilizing environment-friendly renewable energy sources.