MoneyWorks4Me

HFCL bags order worth Rs 611 crore from Bharat Sanchar Nigam

19 Sep 2018 Evaluate

Himachal Futuristic Communications (HFCL) has received an Advance purchase order worth around Rs 611 crore from Bharat Sanchar Nigam, New Delhi for Survey, Procurement, Supply, Trenching, Laying, Installation, Testing and Maintenance of Optical Fibre Cable (OFC), Accessories and GPON Equipment in the State of Madhya Pradesh under BharatNet Phase - II (for MP-1 Package) Network of Government of India.

The total Material cost and Service cost is Rs 207 crore and Rs 245 crore respectively aggregating to Rs 452 crore. The Company shall also provide Operation and Maintenance Services for a period of seven years at a total cost of Rs 159 crores under this Project. Under this Project, around 1038 Gram Panchayats in 13 Blocks will get Broadband connectivity.

HFCL is one of India’s largest telecom network turnkey implementation companies, with wide and deep capabilities and domain expertise in rolling out advanced telecom networks.

Peers
Company Name CMP
HFCL 215.90
Bondada Engineering 276.10
Pace Digitek 162.25
GTL Infrastructure 1.09
STL Networks 49.39
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