Rolta has been awarded a new contract by UK Power Networks, a major utility company that delivers electricity to London, the South East and the East of England. This 7 year, multi-million pound a contract was established to manage and update their spatially-enabled network asset information.

As evidence of its GIS expertise, Rolta was recently selected for the Geospatial World Leadership Award in the category of 'Geospatial Solutions Company of the Year 2015.' The award recognizes Rolta's contribution to the global geospatial industry.

K. K. Singh, chairman and CEO of Rolta Group, explained the importance of UK Power Networks as a customer, and Rolta's commitment to the success of this contract. 'Today, Rolta is recognized as one of the top Geospatial companies in the world,' he noted. 'Rolta is strongly placed to serve organizations like UK Power Networks due to the company’s deep domain expertise, its innovative geospatial products and IT expertise, and extensive global projects experience.'

Shares of the company gained Rs 10.45, or 13.62%, to trade at Rs 87.20. The total volume of shares traded was 1,202,353 at the BSE (11.10 a.m., Tuesday).