Deals17 Jun 2025, 05:11 pm
Polycab India Ltd Executes Agreement with BSNL as Project Implementation Agency for BharatNet Program in Karnataka, Goa, and Puducherry
AI Summary
Polycab India Ltd has executed an agreement with Bharat Sanchar Nigam Limited (BSNL) as the Project Implementation Agency (PIA) for the Design, Supply, Construction, installation, upgradation, operation and maintenance of the middle mile network of Bharat Net in Karnataka, Goa and Puducherry Telecom Circle. The contract amount is INR 6,447.54 crores (inclusive of GST) with a capex of INR 3,741.92 crores, Opex for newly constructed network of INR 2,245.15 crores and Opex for Existing Network of INR 460.47 crores.
Key Highlights
- Polycab India Ltd has executed an agreement with BSNL as the PIA for BharatNet Program in Karnataka, Goa, and Puducherry.
- The contract amount is INR 6,447.54 crores (inclusive of GST).
- The agreement is for the Design, Supply, Construction, installation, upgradation, operation and maintenance of the middle mile network of Bharat Net.