Deals7 Nov 2024, 03:24 am
Polycab India Ltd Emerges as Lowest Bidder for BSNL's Middle Mile Network Development in Bihar Worth INR 1549 Crores
AI Summary
Polycab India Ltd has emerged as the Lowest Bidder (L1) for the Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model for package 7 (Bihar) worth INR 1549,66,31,902.36 (inclusive of GST) from Bharat Sanchar Nigam Limited (BSNL). This is a 3-year contract for construction and a 10-year maintenance contract with a 5.5% per annum capex for the first 15 years and 6.5% per annum capex for the next 5 years.
Key Highlights
- Polycab India Ltd is the Lowest Bidder for BSNL's Middle mile network development in Bihar.
- The contract is worth INR 1549,66,31,902.36 (inclusive of GST).
- The contract is for the Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model for package 7 (Bihar).
- The contract period is 3 years for construction and 10 years of maintenance.
- The maintenance contract is at 5.5% per annum of capex for the first 15 years and 6.5% per annum of capex for the next 5 years.