The Department of Post (DoP) has issued Letters of Intent (LoIs) to Infosys, TCS, Sify and Reliance Communications Infrastructure for different technology advancement projects.
"Department is trying to induct technology in a big way. There are eight RFPs (Request for Proposal) we have floated and issued Letter of Intent in five (projects) to companies which include Infosys, TCS, Sify and Reliance," Secretary (Posts) Manjula Parasher told reporters here.
The Department has got approval of Rs 1,877.2 crore to be spend across these projects over period of two years and will seek additional funds when the need arises.
"Funds of Rs 1,877.2 crore have been approved. We will go ahead with that. We may need more money because implemented in some of the cases may last over period of six and half to nine years," she said.
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