Deals8 Jun 2026, 04:00 pm
Avantel Ltd Secures ₹9.94 Cr Contract from DRDO
AI Summary
Avantel Ltd has received a contract worth ₹9.94 Crores from the Defence Research and Development Organisation (DRDO) for the Development and Testing of Satellite Terminals for GSAT. The contract, inclusive of taxes, is to be executed by December 2028 and includes a 24-month warranty period. This significant order from a government defense organization highlights Avantel's capabilities in specialized communication technology.
Key Highlights
- Avantel Ltd awarded ₹9.94 Cr contract by DRDO.
- Contract is for Development and Testing of Satellite Terminals.
- Execution timeline set for December 2028.
- Includes a 24-month warranty period.
- Order signifies government sector engagement.
Price Impact
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