Mar 07, 2011, 04.41 PM IST

Trigyn Technologies bags orders from United Nations

R Ganapathi, the Chairman & ED of Trigyn Technologies in an interview on CNBC-TV18, spoke about the renewal of some contracts and bagging of new contracts.

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Trigyn Technologies bags orders from United Nations
R Ganapathi, the Chairman & ED of Trigyn Technologies in an interview on CNBC-TV18, spoke about the renewal of some contracts and bagging of new contracts.


Below is a verbatim transcript of his interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar. For complete details watch the accompanying video.


Q: You have a strong client concentration within the United Nations. Can you talk about any orders which you have bagged recently from the UN and the quantum of it?


A: Yes, we have in recent times taken a contract from the United Nations for USD 90 million. It has a potential to go upwards. This is executable over a period of 5 years. We also have another contract from one of the UN agencies based out of Geneva that also has a potential of about USD 12 million over a period of four years. Our new initiatives had paid-off and we are beginning a small contract which has a capacity to grow over a period of time in the area of capacity building.


Q: Where does your current order book stand at? Could you tell us your guidance for this year and even FY12?


A: We do reckon that we improve slightly from that. We have a potential in the pipeline for about USD 100 million.


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