HFCL Ltd bags order worth over Rs 2, 501 crore
Telecommunications equipment maker HFCL Ltd has won an advance work order (AWO) worth approximately Rs 2,501.30 crore. The order is related to BharatNet Phase III and involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network in Punjab Telecom Circle.
This also includes a 10-year maintenance contract in place, with operational expenditure (OPEX) pegged at 5.5% per annum of capex for the first five years and 6.5% per annum for the next 5 years.
Also read: HFCL gets order worth Rs 67 crore from leading telecom firm