STL Networks Secures ₹359 Crore Data Center Contract from PowerGrid Teleservices
STL Networks Limited has won a ₹359 crore contract from PowerGrid Teleservices Limited to design, build, and maintain a Tier III data center at PowerGrid's Manesar facility. The project includes establishing a Disaster Recovery Data Center, providing Infrastructure as a Service solutions, and long-term operation and maintenance services. The data centers will feature advanced cooling systems and energy-efficient designs, aligning with India's digital and sustainability goals.

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STL Networks Limited , a leading digital infrastructure and IT services company, has clinched a significant contract worth ₹359.00 crore from PowerGrid Teleservices Limited (PowerTel), a wholly-owned subsidiary of Power Grid Corporation of India Limited (PGCIL). The deal marks a major milestone for STL Networks in its mission to empower next-generation innovation through cutting-edge digital infrastructure.
Contract Details
Under the agreement, STL Networks, operating under its Invenia brand, will undertake a comprehensive project to design, build, commission, and maintain the complete IT and cloud infrastructure for a greenfield Tier III data center at PowerGrid's Manesar facility. The scope of work includes:
- Establishing a state-of-the-art Tier III data center
- Setting up a Disaster Recovery Data Center (DRDC)
- Delivering a scalable Infrastructure as a Service (IaaS) solution with Disaster Recovery Services
- Providing long-term Operation & Maintenance (O&M) services
Sustainable and Future-Ready Infrastructure
The data centers will incorporate advanced cooling systems and energy-efficient designs, aligning with India's digital and sustainability vision. This approach ensures not only digital resilience but also supports India's climate commitments through sustainable digital infrastructure.
Executive Insight
Pankaj Malik, Chief Executive Officer of Invenia, expressed pride in the partnership, stating, "We are proud to partner with PowerGrid Teleservices on a state-of-the-art Tier III facility that will not only address current requirements but also anticipate future demand for cloud and disaster recovery services." He emphasized the company's commitment to enabling mission-critical infrastructure that empowers clients and the nation in an increasingly connected world.
Strategic Significance
This contract win underscores STL Networks' growing prominence in the digital infrastructure sector. By securing this project with a major player like PowerGrid Teleservices, the company demonstrates its capability to deliver complex, large-scale IT solutions that are crucial for India's digital transformation journey.
About STL Networks Limited
STL Networks Limited, operating under the Invenia brand, is a key player in the digital infrastructure and IT services landscape. The company specializes in enabling telcos, government, defense, citizen networks, and large enterprises across India and the UK with advanced capabilities in digital landscape transformation. Their services span Connectivity Services, System Integration Services (covering Network, Data Centre, Cloud, and Cybersecurity), Managed Services, and AI-Enabled Solutions.
This latest contract reinforces STL Networks' position as a trusted partner for critical digital infrastructure projects and sets the stage for potential future growth in the burgeoning data center and cloud services market in India.
Historical Stock Returns for STL Networks
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+4.99% | +4.23% | +5.38% | +5.38% | +5.38% | +5.38% |