HFCL Limited has successfully secured an Advance Work Order aggregating to INR 25,013 million for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase III in the Punjab Telecom Circle, from Bharat Sanchar Nigam Limited. Significant terms and conditions of order(s)/contract(s) awarded in brief: General Contract Conditions. Whether order(s)/contract(s) have been awarded by domestic/international entity: Domestic.
Nature of order(s) /contract(s): Design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet Phase III in the Punjab Telecom Circle on Design Build Operate and Maintain (DBOM) Model. Whether domestic or international: Domestic. Time period by which the order(s)/contract(s) is to be executed: Three (03) Years for construction & 10 years of Maintenance Contract (Opex) @ 5.5% per annum of capex for 1st 5 years & @ 6.5% per annum of capex for next 5 years.
Broad consideration or size of the order(s)/contract(s): INR 25,130 million, Opex for newly constructed network INR 7,467.6 million and Opex for Existing Network INR 5,099.4 million.
