AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Octopus Signed Five Year Contract With Cement Manufacturer For Entering Into Construction Sector: PSX

admin-augaf by admin-augaf
January 17, 2022
in Business, Finance
Reading Time: 2 mins read
0
Octupus IPO General Public Portion Oversubscribed By 4.39x: PSX

Octupus IPO General Public Portion Oversubscribed By 4.39x: PSX

Share on FacebookShare on TwitterWhatsapp

Lahore January 17 2022: Octopus Digital Limited has secured a high value five-year IAAS (Infrastructure as a Service) contract on BTMI basis (Build, Train to Operate, Maintain & Improve).

The Digitalization Subscription will see Octopus Digital Limited provide supply and maintenance services to a major cement manufacturer in Pakistan. The Contract Valued at 120 million PKR Marks Octopus Digital’s Entry into the Thriving Construction Sector.

The five-year contract marks Octopus Digital’s entry into the construction sector. Cement, a crucial
ingredient of the Construction Sector, is experiencing a dramatic boom in Pakistan. The national local cement consumption is expected to have a CAGR of 7% till the year 2025 taking the local count to 65 million tons per annum. One challenge for cement manufacturers during this period of growth would
be to control costs due to rapidly increasing coal prices.

Octopus Digital will play a critical role in helping the cement plant operations become efficient and cost
effective through its state-of-the-art decision support system (DSS). Octopus Digital will deploy its DSS with Real Time Dashboards and Cloud Integration and Reporting capability to deliver key insights on complex data to assist every user throughout the organization achieve operational optimization and modernization.

The duration of the service agreement will be from November 2021 till November 2026.

Octopus Digital Limited has extensive experience and expertise in Maintenance and Support services. The company partners with leading global OEMs to ensure best in class industry solutions for her
customers.

Source: PSX
Tags: ITOCTOPUS
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.