Published On:November 12 2024
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HFCL Consortium Secures ₹8,100 Crore Contract for BharatNet Phase III.

HFCL Consortium Secures ₹8,100 Crore Contract for BharatNet Phase III.

HFCL Limited, in collaboration with Rail Vikas Nigam Limited (RVNL) and Aerial Telecom Solutions Private Limited, has won major contracts totaling over ₹8,100 crore under BharatNet Phase III, the company announced today. The HFCL-led consortium secured bids valued at approximately ₹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 ₹1,244 crore, with subsequent operations and maintenance (O&M) orders over 10 years totaling ₹4,155 crore for the UP regions and ₹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.

HFCL Managing Director Mahendra Nahata emphasized the company’s robust product lineup, which includes routers, optical fiber cables, and other transport solutions, aligning with BharatNet’s infrastructure requirements. HFCL's facilities in Hyderabad, Goa, Chennai, and Manesar manufacture telecom equipment under the Production-Linked Incentive (PLI) Scheme.

HBL





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