3i Infotech Wins NCDEX Contract, Shyam Metalics Buys Green Power Stake

By Sivam3i Infotech Wins NCDEX Contract, Shyam Metalics Buys Green Power Stake

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 Exchange (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.
    3i Infotech Wins NCDEX Contract, Shyam Metalics Buys Green Power Stake | The PIP | The PIP