HCL bags two 5-yr contracts from US firms

New Delhi, Sep 18: HCL Technologies has bagged deals worth a total of 113 million dollars (about Rs 544.57 crore) from US-based energy management firms.

The leading Information technology firm announced that it has entered into five-year contracts with Oncor and Energy Future Holdings (ELF) to meet their IT requirements.

HCL will be connecting and supporting Oncor's corporate functions, grid management operations and other community-based field service centres along with desk and desk-side services to about 3,600 employees of the firm, which operates the largest electric distribution and transmission system in Texas, US.

"With this new contract (with Oncor), HCL will be investing in both the utilities sector and in Texas, through the development of a worldwide Utilities Center of Expertise in Dallas, which will research and develop technologies to help transform the way energy is generated and delivered to customers around the world," HCL Infrastructure Services Division Sr VP and Head (Global Sales) R Srikrishna said.

And under the EFH contract, HCL will be will managing its IT infrastructure landscape comprising data centre, voice and data networks and end user computing services.

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