HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3

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HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3 - Business Standard

Quick Summary:

"HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL), for bids valued at around Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme," the company said in the filing.

Telecom gear maker HFCL Ltd on Monday said the company along with its consortium partners has been declared the lowest bidder for optical fibre-based broadband network projects worth Rs 13,000 crore under BharatNet Phase III for UP East, UP West and Punjab circles.

The company placed bids for UP East and UP West through consortium partners and alone for the Punjab circle.