Deals30 Jun 2025, 03:03 pm
ITI Limited Signs Agreement with BSNL for BharatNet Project worth Rs. 1901 Crores
AI Summary
ITI Limited, a Government of India Undertaking, recently signed an Agreement as Project Implementing Agency (PIA) with BSNL on behalf of USOF for NER-II Package-15 of BharatNet Phase-3 Project. The total value of this contract is Rs. 1901 Crores including capital expenditure (capex) and operating expenditure (opex). ITI Limited also signed an Agreement with BSNL for Package No. 8 in the state of Himachal Pradesh, and for Package No. 9 in the state of West Bengal & Andaman and Nicobar Islands with a consolidated order value of Rs. 5055 Crores. With this, ITI Limited has signed Agreements with BSNL for three Packages (8,9, & 15) taking the total order value to Rs. 6956 Crores.
Key Highlights
- ITI Limited signed an Agreement as PIA with BSNL for NER-II Package-15 of BharatNet Phase-3 Project worth Rs. 1901 Crores
- The Agreement includes both capex and opex for the newly constructed network and maintenance of existing network
- ITI Limited also signed Agreements with BSNL for Package No. 8 in Himachal Pradesh and Package No. 9 in West Bengal & Andaman and Nicobar Islands
- The total order value for the three Packages is Rs. 6956 Crores
- ITI Limited is a Government of India Undertaking and a premier telecom manufacturing company