Bhubaneswar: Bhubaneswar-headquartered CSM Technologies Limited has secured a prestigious international project from the Public Private Partnership Commission (PPPC) of Malawi through CSM Tech Limited, its wholly-owned subsidiary in Kenya.
The project involves design, development and commissioning of an Electronic Auctioning Platform (EAP) under the Digital Malawi Acceleration Project (DMAP).
Funded by the World Bank through the International Development Association (IDA), the assignment is valued at Rs 32.08 million, marking another significant milestone in CSM Technologies’ growing global presence.
The project win follows CSM’s recent mainboard IPO, which raised Rs 145.78 crore through a fresh issue of 1.29 crore equity shares at Rs 113 per share, with listing on 2nd July.
The EAP will introduce a secure, transparent and fully auditable digital mechanism for conducting competitive auctions, replacing manual and paper-based processes with an automated workflow. The platform will enable online bid submission, real-time evaluation, bidder anonymity, automated ranking and electronic publication of results, thereby enhancing transparency, efficiency and accountability in public procurement.
The 12-month long assignment is part of DMAP, a six-year initiative under the World Bank-supported Inclusive Digitalization in Eastern and Southern Africa (IDEA) programme.
The project will help expand digital connectivity across Malawi by facilitating transparent procurement of broadband services. Over 75 lakh broadband users will benefit.
The project will connect 2,500 public institutions, including 2,000 schools and 500 government offices. It also aims 50 lakh successful digital authentications for service delivery, and reduce retail data prices as percentage of GNI per capita from 9.4% to 4%.
CSM Tech Limited will undertake the complete lifecycle of the project, including business requirements assessment, platform architecture and development, system integration, cybersecurity hardening, penetration testing, pilot implementation, production rollout, user training, knowledge transfer and post-deployment warranty support.
“This engagement reflects the growing global confidence in India’s DPI capabilities. We are honoured to partner with the Government of Malawi and the World Bank in building a transparent, technology-driven auctioning ecosystem that strengthens governance and accelerates digital inclusion. At CSM Technologies, we believe trusted digital platforms are instrumental in creating more accountable institutions and inclusive economies. This project further strengthens our commitment to delivering mission-critical GovTech solutions that create measurable public value across the world,” said Priyadarshi Pany, Managing Director & CEO of CSM Technologies Limited.
