HFCL rises after bagging Rs 2,666-cr BharatNet Phase-III contract from RVNL
Mumbai, June 18 -- The scope of work includes the supply, installation and commissioning of telecom equipment and related accessories; creation of an optical fiber cable telecom network; and maintenance of the project for 10 years, including a one-year warranty period.
The contract is to be executed over a period of two years for implementation, followed by 10 years of operation and maintenance (O&M), including the warranty period. The company said the order is in addition to the Rs 2,167.65 crore contract awarded by RVNL in January 2025 for BharatNet Phase III projects in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles.
RVNL is a domestic entity, and the contract does not involve any related-party transaction. The pro...
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