Paras Defence and Space Technologies Arm Gets Major Orders Worth 598 Cr

Key Takeaways from Paras Defence and Space Technologies Order Win:

• Controp-Paras Technologies has received an order from Larsen & Toubro.
• The order is part of a larger contract valued at approximately Rs 305 Crores (including taxes).
• The contract involves the manufacturing and supply of 244 units of the Sight – 25HD Electro-Optics System, along with extended warranty and Integrated Logistics Support (ILS) for the Close-In Weapon System (CIWS) program.
• Both contracts are domestic orders, with the execution timeline for the L&T contract set for within 47 months.

The order involves the manufacturing and supply of 244 units of the Sight – 25HD Electro-Optics System, along with extended warranty and Integrated Logistics Support (ILS) for their Close-In Weapon System (CIWS) program.

Additionally, the order for the Indian Content (IC) of this project is valued at around Rs 293 Crores (plus taxes). Both the contracts are classified as domestic orders, and the execution timeline for the L&T contract is set for within 47 months. 

About Paras Defence and Space Technologies Limited:

Paras Defence & Space Technologies provides a diverse range of products and solutions tailored for defence and space applications. The company operates through two main divisions: Optics & Optronic Systems and Defence Engineering, which includes Defence Electronics, EMP Protection Solutions, and Heavy Engineering. With over 40 years of consistent growth in Defence and Space Engineering, Paras Defence is engaged in various technologies such as rockets, missiles, naval systems, electronic warfare, and surveillance, as well as electromagnetic shielding. Through its subsidiaries, the company also explores advancements in drones, RF and microwave technologies, anti-drone systems, EO/IR systems for avionics, and quantum communication.

The company boasts a modern manufacturing facility and a workforce of over 600, enabling it to provide turnkey solutions from design to commissioning for both small and large systems. By emphasising technology development and research, Paras Defence positions itself as a genuine IDDM (Indigenously Designed, Developed, and Manufactured) entity within the Indian defence sector. The firm's strategy focuses on delivering quality products promptly and competitively, fostering a reputation as a reliable partner. With strong principles, ethical business practices, and a customer-centric approach, Paras Defence aims to become a leading player in the Indian defence and space industries.

About Larsen and Toubro Limited:

Larsen & Toubro is an Indian multinational company involved in EPC projects, high-tech manufacturing, and services, operating in over 50 countries worldwide. With a strong focus on customer satisfaction and a commitment to quality, L&T has maintained leadership in its core business sectors for more than eight decades. The company is engaged in high-impact areas of the economy, offering integrated capabilities that cover the entire process from design to delivery. L&T is characterised by professionalism and high corporate governance standards, with sustainability integrated into its long-term growth strategy. Its manufacturing presence spans eight countries beyond India, supported by numerous international offices and a global supply chain.

Key Takeaways from RVNL Bid Win:

• Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a project from East Central Railway.
• The total cost of the project is approximately Rs 180.01 Crores, including applicable taxes.
• The project includes the design, supply, erection, testing, and commissioning of a 2x25KV feeder line, with modifications to meet a 3000 MT loading target for the Garwa Road-Mahadiya section of the Dhanbad Division.
• The project is expected to be completed within 18 months.

The project involves the design, supply, erection, testing, and commissioning of a 2x25KV feeder line along the track, including modifications to meet a 3000 MT loading target for the Garwa Road-Mahadiya section of the Dhanbad Division. The project is to be completed within 18 months. 

About Rail Vikas Nigam Limited:

Rail Vikas Nigam Limited (RVNL) boasts a distinguished legacy that spans over two decades. Established with the aim of addressing the infrastructure gap in Indian Railways, RVNL has successfully completed more than 150 railway projects. The organisation has also adopted innovative Public-Private Partnership (PPP) models, creating several Special Purpose Vehicles (SPVs) to execute new railway initiatives. Over time, RVNL has expanded its focus from solely railway infrastructure to a broader range of infrastructure opportunities, now operating under the umbrella of "All Infra" projects, both domestically and internationally.

Since its inception in 2005, RVNL has worked to enhance rail infrastructure capacity efficiently while securing extra-budgetary resources for its SPV projects. The company has consistently received excellent ratings from the Department of Public Enterprises for multiple years, reflecting its commitment to quality and performance in the infrastructure sector.

Key Takeaways from the Announcement

• R Systems has launched a new resilience engineering model that combines chaos engineering with disaster as a service (DRaaS) to enhance business continuity and operational resilience.
• The model anticipates and identifies potential system failures in real-time, addressing vulnerabilities before they become critical and ensuring seamless IT system operations.
• The model offers continuous resilience testing through automated, cloud-based disaster recovery, providing a future-proof and scalable approach to IT disaster preparedness without requiring constant manual intervention.

This cutting-edge approach combines proactive failure testing with a robust and graceful recovery mechanism, and offers an extended framework for businesses to handle quickly and efficiently both disruption management and business continuity, even under situations of extreme stress.

Enterprises can now benefit from R Systems' holistic approach to IT resilience and disaster preparedness, powered by the BRACED framework. This approach ensures that IT systems are not only resilient but practically bulletproof. The model is designed to anticipate potential system failures by proactively identifying and addressing vulnerabilities before they escalate into critical issues. This real-time resilience ensures systems remain operational even in challenging scenarios.

Furthermore, the model guarantees real-time recovery, achieving near-zero Recovery Time Objective (RTO) and Recovery Point Objective (RPO). This significantly reduces downtime and data loss, enabling critical operations to be swiftly restored, ensuring seamless continuity during unexpected disruptions. The resilience engineering framework also offers comprehensive failure scenario coverage, safeguarding businesses against a wide range of potential threats and vulnerabilities.

In addition, the model’s automated and scalable approach to business continuity allows for continuous testing of system resilience. With cloud-based disaster recovery, it ensures that IT systems remain ready, scalable, and responsive to evolving threats. This hands-off, future-proof method provides a seamless and proactive way to ensure long-term business continuity without constant manual intervention.

Commenting on the launch, Nitesh Bansal, CEO and Managing Director of R Systems, said, "Our new model is a game-changer for businesses looking to enhance their IT resilience and disaster recovery capabilities. By merging Chaos Engineering with DRaaS, we offer a proactive, comprehensive, and scalable approach to business continuity. This innovation highlights our commitment to helping businesses not only prepare for disruptions but excel in the face of them."

About R Systems International Limited

R Systems is a digital product engineering company that designs and develops software products, platforms, and digital experiences from chip to cloud. The company focuses on cloud, data, AI, and CX that help clients in this industry, especially telecom, media, finance, manufacturing, and healthcare, improve revenue and efficiency. R Systems also engages in automation & integration based on technologies like RPA and No-Code/Low-Code platforms, thereby enabling enterprises to capture their business objectives.

Key Takeaways from the Announcement

• L&T DES has secured a significant mandate for implementing energy management systems in South India, enhancing grid management capabilities.
• The firm is expanding its footprint in the U.S. with upgrades to complex transmission control rooms, showcasing its commitment to modernising energy management.
• Advanced systems are being employed in both India and the U.S. to effectively integrate renewable energy sources, enhancing grid reliability.
• L&T DES continues to lead in innovative energy solutions, engaging in major projects that aim to reshape the energy landscape in California and beyond.

L&T DES is working on a project for energy management systems at the regional and state load dispatch centres in Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana. The assignment encompasses twelve control room installations with a focus on seamless integration, ensuring that the existing operations continue without any interruptions. This will be power-efficient real-time supervision and control of energy flow across the electricity transmission network to ensure secure and reliable grid operation with the L&T-Spark-CRIM™ (Control Room Integration Middleware) platform.

Additionally, in the United States, the L&T DES team will upgrade power and transmission control rooms with more than 15 EMS hosts configuration. This initiative is intended to improve situational awareness for operators, eventually improving reliability on the grid. In conjunction with it, L&T is putting forth modern grid projects throughout India, integrating 270  extra high voltage (EHV) transmission substations in Regional and National Transmission Asset Management Centers.

The team is also actively engaged in renewable energy integration, implementing the L&T-Spark-HECSTM (Hybrid Energy Management and Control System) for a solar plant in Bihar, which has a capacity of 185 MW combined with a 254 MWh energy storage facility. This effort aligns with L&T's global strategy to manage renewable energy plants effectively. It has recently powered the 700 MW ArRass solar plant in Saudi Arabia, using L&T-SPARK-PPCTM (Solar Power Plant Controller) technology to oversee over 200 solar inverters for compliance with real-time deployment signals. 

In Puerto Rico, L&T DES is involved in an interconnection simulation study and control engineering project that encompasses eight grid-interactive renewable hybrid substations. Following the successful completion of the engineering design phase, the team will implement the L&T-Spark-HECSTM, marking a significant milestone in integrated solar and energy storage solutions.

L&T DES is acknowledged in the United States as a place of excellence in advanced consulting, including resilience planning and cybersecurity compliance work across an array of digitalisation and decarbonisation projects. The team has recently bagged grant projects from the California Energy Commission to develop a community microgrid integrating all-electric systems with advanced vehicle EV charging infrastructure.

Lastly, L&T DES is set to deliver 300 MW of Balancing Authority (BA) services in the western United States. This service is crucial for integrating renewable plants while adhering to NERC (North Electric Reliability Council) standards. The project will be executed through the Hybrid Energy Network Operation Centre (HENOC) in Fairfield, California, enabling efficient energy transactions that optimise trades while ensuring compliance with reliability standards.

Mr T. Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities)—Larsen & Toubro, commented: “In line with L&T’s ethos of technology for sustainable growth, and banking on our deep domain expertise in Power T&D and Renewable generation areas, we are happy to speed up the data driven transition of our customers.”

About Larsen and Toubro Limited

Larsen & Toubro (L&T) is a leading Indian multinational company with a revenue of USD 27 billion. The company is involved in Engineering, Procurement, and Construction (EPC) projects, high-tech manufacturing, and various services, operating in multiple countries around the world. For over eight decades, L&T has maintained its leadership in key business areas by focusing on customer satisfaction and consistently striving for top-quality standards.