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HFCL secures order worth around Rs 1015 crore

18 Sep 2023 Evaluate

HFCL has secured the order aggregating to around Rs 1015 crore, from Madhya Pradesh Jal Nigam, a Government of Madhya Pradesh Undertaking (MPJN). This order encompasses for providing EPC Services including provision for laying of optical fiber cables on critical and important routes, for the execution of Multi – Village Drinking Water Supply Network in Sheopur district of Madhya Pradesh (Project). The installation of optical fiber cables in these areas will also enhance the operation & maintenance of the network.

This order is expected to boost the company’s revenue and profitability. The aforesaid project will be executed by the Company in collaboration with Khilari Infrastructure as a consortium partner.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.

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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