HFCL Limited, in collaboration with Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions Private Limited, has won major contracts totalling over INR 8,100 crore under BharatNet Phase III that aims to extend high-speed internet to 6.4 lakh villages, connecting over 250,000 gram panchayats at a minimum bandwidth of 100 Mbps.
Nov 15, 2024
HFCL Limited, in collaboration with Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions Private Limited, has won major contracts totaling over INR 8,100 crore under BharatNet Phase III.
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The HFCL-led consortium secured bids valued at approximately INR 6,925 crore to develop middle-mile infrastructure across Uttar Pradesh’s East and West regions. Additionally, HFCL independently won the Punjab circle contract, worth INR 1,244 crore, with subsequent operations and maintenance (O&M) orders over 10 years totaling INR 4,155 crore for the UP regions and INR 746 crore for Punjab.
BharatNet Phase III aims to extend high-speed internet to 6.4 lakh villages, connecting over 250,000 gram panchayats at a minimum bandwidth of 100 Mbps. This project is expected to bridge the digital divide in rural and underserved areas.
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HFCL Managing Director Mahendra Nahata highlighted the company’s diverse product portfolio, including routers, optical fiber cables, and transport solutions, positioning it to meet the program’s requirements.