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HFCL secures advance work order worth around Rs 2,501.30 crore

17 Jan 2025 Evaluate

HFCL has successfully secured an advance work order aggregating to around Rs 2,501.30 crore for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase III in the Punjab Telecom Circle, from Bharat Sanchar Nigam (BSNL).

The BharatNet Phase III is set to link all 640,000 villages in India with high-speed internet, targeting over 250,000 gram panchayats. It aims to deliver a minimum of 100 Mbps bandwidth at each GP, bringing every GP online. The Company is dedicated for executing this landmark project in line with the Government’s vision of a ‘Digital India,’ aiming to bridge the digital gap, especially in rural and underserved regions. 

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.

HFCL Share Price

89.52 1.43 (1.62%)
16-Apr-2026 11:43 View Price Chart
Peers
Company Name CMP
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HFCL 89.52
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