Trigyn Tech & ESDS Software To Set Up Datacentre For STPI In Karnataka
Trigyn Technologies Limited as consortium partner with ESDS Software Solutions Private Limited (the successful bidder) has entered into a Master Service Agreement to Build and Operate Datacentre on Revenue Sharing Model with Software Technology Park of India (STPI) at Electronic City Bengaluru through PPP on revenue sharing model.
The significant terms of the contract are to Design, Supply & Implementation of the 'Tier-3 Level Datacenter (IT & Non-IT Infrastructure), who shall host the required IT / Cloud solutions to offer services, operate and maintain the Datacenter and provide services to the customer for a period of 10 years, which is extendable for a further period of five years at the discretion of STPI on the same terms and conditions.
The Successful Bidder shall make a guaranteed payment of Rs. 2.2 Crores annual or revenue share of 18% whichever is higher and taxes as applicable to STPI in accordance with the provisions of the Agreement.