Deals29 Aug 2026, 04:31 pm
Avantel Secures ₹117.88 Cr DRDO Contract for Ground Segment Hub
AI Summary
Avantel Ltd has announced the receipt of a significant contract from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India. The contract, valued at ₹117.88 Crores (inclusive of taxes), is for the Development, Installation & Commission of a Ground Segment Hub for voice & data communication. The project is slated for execution by February 2029, with a warranty period of 36 months. This award underscores Avantel's role in supporting critical defence infrastructure development for the Indian government.
Key Highlights
- Avantel awarded ₹117.88 Cr contract by DRDO.
- Contract is for development of Ground Segment Hub.
- Project execution deadline set for February 2029.
- 36-month warranty period included in the contract.
- Order awarded by a domestic government entity.
Price Impact
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