Deals5 Nov 2024, 11:37 pm
Rail Vikas Nigam Ltd-HFCL Limited-Aerial Telecom Solutions Pvt. Ltd. Consortium Wins BSNL Contract for Bharat Net Development
AI Summary
Rail Vikas Nigam Limited-HFCL Limited-Aerial Telecom Solutions Pvt. Ltd. Consortium has emerged as the Lowest Bidder (L1) in the tender floated by Bharat Sanchar Nigam Limited (BSNL) for the Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model. The contract is worth Rs. 5008,20,35,544.26 and has a time period of three years for construction and 10 years of maintenance. The shares of each partner in the consortium are yet to be decided.
Key Highlights
- Rail Vikas Nigam Limited-HFCL Limited-Aerial Telecom Solutions Pvt. Ltd. Consortium wins BSNL tender for Bharat Net development.
- The contract is worth approximately INR 5008 Crores.
- The project has a time period of three years for construction and 10 years of maintenance.
- The shares of each partner in the consortium are yet to be decided.
- The consortium was declared the lowest bidder (L1) as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.