HFCL Wins ₹2,666.09 Cr BharatNet Phase-III Contract from RVNL
HFCL Ltd has been awarded a contract worth approximately ₹2,666.09 Crores by Rail Vikas Nigam Limited (RVNL) for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle. The comprehensive scope of the contract includes the supply, installation, and commissioning of telecom equipment and related accessories, creation of an Optical Fiber Cable Telecom Network, and maintenance of the project for a period of 10 years, which includes a 1-year warranty. The implementation period for the project is two years. This new contract complements an earlier ₹2,167.65 Crores contract awarded by RVNL for BharatNet Phase-III projects. The company emphasizes its commitment to strengthening its position in the telecom network domain and delivering large-scale digital connectivity projects. The contract value is split into Capex of ~₹1192.82 Crores and Opex of ~₹1473.27 Crores.
Key Highlights
- HFCL secured a ₹2,666.09 Cr contract from RVNL for BharatNet Phase-III.
- The project covers telecom equipment supply, network creation, and 10-year maintenance.
- Contract is for the Uttar Pradesh (West) Telecom Circle.
- This adds to a prior ₹2,167.65 Cr BharatNet contract from RVNL.
- Strengthens HFCL's market position in the telecom network sector.
Price Impact
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