IBI Group

12:03 PM EST - IBI Group : In partnership with Gupta Power Infrastructure Ltd. and Envoys Electronics Pvt. Ltd., has been awarded the tender for implementation of a Unified Adaptive Traffic Signal Control (ATSC) system in the City of Hyderabad, India. The firm will lead the consortium on its largest urban signaling system contract, which includes the design, installation, testing, and commissioning of the ATSC across 480+ intersections, along with their operations and maintenance for a period of three years. IBI Group shares T.IBG are trading down $0.02 at $9.45.