Sankhya wins a long term simulation contract from NTPC

Hyderabad : Sankhya Infotech Ltd won a long term contract from National Thermal Power Corporation for high end simulation and virtual Training systems.

“We are very excited about this project as it gives us an entry into the Indian Energy market, and we are firmly committed to giving an extra ordinary product to NTPC. NTPC is a Navaratna Corporation and is one of the world leader in energy sector” said Mr.Sridhar Nadupalli, MD & CEO of the company.

This is our first major breakthrough after establishment of our Advanced Simulation Lab. We are in advanced stage of negotiations for collaboration with international partners in this sector. We have developed a “ Disruptive Technology” that could reduce cost of training and increase continual improvement in a big way for corporate world. Sankhya complies with highest professional standards for Energy Sector Simulation and Training needs.

Sankya is a leading software products and services company serving the Simulation & Virtual training markets for Transportation, Aerospace & Defense, Energy & Manufacturing and Education & Finance. Sankhya was growing at 40% year on year and a 30% growth year on year in earning per share.

NTPC is India’s largest power generation corporation. It is among the world’s largest and most efficient power generation companies. In the Forbes list of World’s 2000 largest companies of the year 2007, NTPC occupies 411th place. Gross revenue crossed Rs.400 billion, Power generations 200.8 billion units, net profit crossed Rs.74 billion.