MoneyWorks4Me

Polycab India emerges as lowest bidder for package 7 Bihar project

07 Nov 2024 Evaluate

Polycab India has emerged as Lowest Bidder (L1) from Bharat Sanchar Nigam (BSNL) for ‘Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model’ for package 7 (Bihar) amounting to Rs 1549.66 crore (inclusive of GST).

Polycab India is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the ‘POLYCAB’ brand.

Peers
Company Name CMP
Polycab India 8020.00
KEI Industries 4445.00
RR Kabel Ltd. 2386.85
Finolex Cables 1282.55
Precision Wire India 430.95
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