TCIL and PNB Join Hands to Boost Digital Banking Infrastructure

12 Sep 2025 CW Team

The signing ceremony took place at TCIL’s headquarters in New Delhi, with distinguished dignitaries in attendance. The TCIL delegation was led by Sanjeev Kumar, Chairman & Managing Director, while PNB was represented by Manish Agrawal, General Manager, along with senior executives from both organisations.

Under the MoU, TCIL will offer specialised expertise in IT consultancy, project management, and turnkey execution of complex technology initiatives. The collaboration seeks to provide robust, secure and regulatory-compliant solutions that will strengthen PNB’s digital backbone, enhance operational resilience, and foster innovation in customer services.

Key areas of support will include Request for Proposal (RFP) lifecycle management, system integration, IT infrastructure rollout, and regulatory-compliant technology deployment. Based on requirements, TCIL will serve either as Project Management Consultant (PMC) or Project Implementing Agency (PIA), ensuring solutions are aligned with PNB’s technology roadmap and customer priorities.

Sanjeev Kumar, CMD of TCIL, stated:

“This partnership with Punjab National Bank underscores TCIL’s role as a trusted technology partner to leading institutions. By combining our expertise in IT consultancy, procurement, and turnkey execution, we will help PNB advance its IT foundation and deliver greater value to its customers.”

Manish Agrawal, GM of PNB, added:

“This strategic partnership with TCIL represents a significant milestone in PNB's IT transformation journey. Leveraging TCIL's proven expertise in IT consultancy and project management, we are positioned to accelerate our technology modernisation and deliver innovative IT solutions that meet the evolving needs of our customers across India. This collaboration will enable us to build a more resilient, secure and customer-centric banking ecosystem.”

The collaboration will allow PNB to rapidly adopt new technologies, ensure secure and compliant operations, and offer customers quicker, more reliable and digitally enabled banking experiences.

The MoU also supports the Government of India’s Digital India vision, reinforcing trust in technology-driven financial services and advancing the nation’s digital banking landscape.

Telecommunications Consultants India Limited (TCIL), a Government of India enterprise under the Ministry of Communications, signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB), one of India’s leading public sector banks, on 3 September 2025. The partnership aims to enhance PNB’s IT infrastructure and accelerate its technology transformation, enabling faster, more reliable and customer-centric digital services.The signing ceremony took place at TCIL’s headquarters in New Delhi, with distinguished dignitaries in attendance. The TCIL delegation was led by Sanjeev Kumar, Chairman & Managing Director, while PNB was represented by Manish Agrawal, General Manager, along with senior executives from both organisations.Under the MoU, TCIL will offer specialised expertise in IT consultancy, project management, and turnkey execution of complex technology initiatives. The collaboration seeks to provide robust, secure and regulatory-compliant solutions that will strengthen PNB’s digital backbone, enhance operational resilience, and foster innovation in customer services.Key areas of support will include Request for Proposal (RFP) lifecycle management, system integration, IT infrastructure rollout, and regulatory-compliant technology deployment. Based on requirements, TCIL will serve either as Project Management Consultant (PMC) or Project Implementing Agency (PIA), ensuring solutions are aligned with PNB’s technology roadmap and customer priorities.Sanjeev Kumar, CMD of TCIL, stated:“This partnership with Punjab National Bank underscores TCIL’s role as a trusted technology partner to leading institutions. By combining our expertise in IT consultancy, procurement, and turnkey execution, we will help PNB advance its IT foundation and deliver greater value to its customers.”Manish Agrawal, GM of PNB, added:“This strategic partnership with TCIL represents a significant milestone in PNB's IT transformation journey. Leveraging TCIL's proven expertise in IT consultancy and project management, we are positioned to accelerate our technology modernisation and deliver innovative IT solutions that meet the evolving needs of our customers across India. This collaboration will enable us to build a more resilient, secure and customer-centric banking ecosystem.”The collaboration will allow PNB to rapidly adopt new technologies, ensure secure and compliant operations, and offer customers quicker, more reliable and digitally enabled banking experiences.The MoU also supports the Government of India’s Digital India vision, reinforcing trust in technology-driven financial services and advancing the nation’s digital banking landscape.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Infrastructure Energy

23 Oct 2025

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

Infrastructure Energy

23 Oct 2025

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..