The project will be executed in the next three years. The company will take up the maintenance of the project for 10 years at 5.5 percent per annum of capex for the first five years and 6.5 percent per annum of capex for the remaining five years.

Mar 28, 2025

Sterlite Technologies Limited (STL), in consortium with Dilip Buildcon, has received an advance work order (AWO) from Bharat Sanchar Nigam (BSNL) worth INR 2,631.14 crore for design, supply, construction, installation, upgradation, operation and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles.

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STL said in an exchange filing that the project would be executed in the next three years. The company would take up the maintenance of the project for 10 years at 5.5 percent per annum of capex for the first five years and 6.5 percent per annum of capex for the remaining five years.

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Out of INR 2631.14 crore, INR 1620.50 crore would be utilized for capacity expansion (capex), INR 972.30 crore would be used for operational expenditure (Opex) for the newly-constructed network, while INR 38.33 crore would be utilized as Opex for the existing network, it added.