M/s. Sahana System Limited (NSE: SAHANA), a notable IT solutions provider headquartered in Ahmedabad, has marked a major milestone by being successfully empanelled with Hindustan Petroleum Corporation Limited (HPCL). HPCL is a prominent Government of India enterprise engaged in the refining, marketing, and distribution of petroleum products across India.

This empanelment further strengthens Sahana’s credibility in the government and public sector IT services ecosystem, and highlights the company’s readiness to manage high-value IT contracts in critical industries like oil and gas.

About the Empanelment

Sahana has been empanelled to deliver IT Service Management work for HPCL with a financial limit of Rs. 100 Lakhs and above, showcasing the company’s capability to handle large-scale technology projects. The empanelment is valid for a period of three years, subject to periodic performance reviews and updates on financial thresholds and service categories.

This opportunity positions Sahana as a trusted technology partner in India’s energy sector, opening up avenues for collaboration on digitisation, service automation, and operational efficiency improvements at HPCL.

Rigorous Evaluation Process

The empanelment follows a thorough assessment process conducted by HPCL, where vendors are evaluated on various parameters including:

• Technical capability

• Past performance

• Compliance with industry standards

• Financial strength

Sahana’s selection reflects its high benchmark in technical delivery, client service, and industry-specific expertise, especially in mission-critical IT Service Management (ITSM).

Significance for Sahana Systems

The empanelment is a significant recognition of Sahana’s consistent growth, technical excellence, and sectoral experience. It gives the company a strategic position to work on critical government projects, aligning with India’s broader goals of digital transformation in the energy sector.

This empanelment could also serve as a launchpad for future collaborations with other public sector undertakings and reputed government institutions.

Leadership Remarks

Commenting on the empanelment, Mr. Pratik Kakadia, Managing Director of Sahana Systems, said:

"We are immensely proud to announce our empanelment with Hindustan Petroleum Corporation Limited. This recognition underscores our team's dedication, technical proficiency, and unwavering commitment to delivering high-quality IT Service Management solutions within the energy sector. We eagerly anticipate contributing to HPCL's technological advancements and operational efficiency.”

This quote reinforces the company’s dedication to being a reliable and transformative partner for India's energy majors.

Implications for Investors and Market Position

Being empanelled by HPCL not only adds credibility to Sahana’s portfolio but also:

• Enhances its reputation in capital markets

• Builds investor confidence

• Signals revenue visibility from long-term contracts

• Increases chances of repeat business and cross-departmental opportunities within HPCL

The financial limit of Rs. 1 crore and above attached to the empanelment suggests high-ticket project opportunities, making it a potential revenue accelerator over the next few years.

Sahana’s Strength in IT Service Management

Sahana Systems has carved a niche in IT Service Management (ITSM), providing services such as:

• Incident Management

• Change Management

• Service Request Fulfilment

• Asset and Configuration Management

• Service Desk Operations

Their tools and methodologies are aligned with ITIL frameworks, ensuring industry-standard compliance and high operational efficiency.

Why This Empanelment Matters in the Indian IT Landscape

• Public sector empanelment is a rigorous and prestigious process, only achieved by companies with a proven track record.

• The energy sector, particularly oil and gas, is increasingly digitalising operations, thus creating demand for robust IT support.

• Sahana’s inclusion in HPCL’s empanelled vendor list confirms its stature as a mature and scalable service provider.

This makes Sahana better positioned for upcoming tenders, IT project bids, and cross-ministerial engagements in the public sector.

Future Opportunities and Outlook

The empanelment is valid for three years, during which Sahana is expected to:

• Bid for multiple high-value contracts

• Expand its service delivery across HPCL’s vast network of refineries and offices

• Leverage this empanelment as a credential for other government RFPs

• Explore opportunities in related PSUs under the Ministry of Petroleum

This will likely lead to greater visibility in government circles, more strategic partnerships, and enhanced top-line growth for the company.

Conclusion

Sahana Systems’ empanelment with Hindustan Petroleum Corporation Limited is a strategic win that aligns with the company’s goal to become a leading IT service partner for government and public sector enterprises. It reflects not only the company’s technical competency, but also its ability to meet the demanding standards of India’s most critical industries.

As India’s public sector continues to undergo a digital transformation, companies like Sahana that are empanelled with PSUs will be at the forefront of executing projects that impact millions. For Sahana, this is just the beginning of a promising journey in the realm of large-scale government IT service delivery.

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