Clear Secured Services Wins ₹ 156.46 Crore Contract for BSNL’s Tower Infrastructure
Clear Secured Services Ltd. (CSSL), a leading pan-India facility management and security solutions provider, has secured a significant Engineering, Procurement, and Construction (EPC) and Maintenance contract from BSNL. The contract, valued at an aggregate of ₹ 156.46 crore, includes GST, covers the supply and installation of Ground Based Towers (GBTs) and acts as an infrastructure as a service provider (laaSP).The project involves supporting the 4G saturation effort under the BOP-BIP initiative in the uncovered villages of India. CSSL will manage the scope of work across Cluster H, encompassing the Bihar, Jharkhand, UP (East), UP (West), Punjab, and Haryana circles.
The contract scope mandates comprehensive services for a period of five years, with an option to extend the Operation & Maintenance (O&M) tenure for an additional five years.
Contract Value Breakdown
The total contract value of ₹ 156.46 crore is structured between the capital works and the ongoing maintenance component:| Component | Value Share | Scope of Work |
|---|---|---|
| EPC Contract | 80% | Engineering, Procurement, and Construction of 299 towers in Cluster H. |
| O&M Contract | 20% | Operation & Maintenance for approximately 5 years. |
Operational Significance
Commenting on the order win, Mr. Vimal Dubey, CMD of CSSL, stated that the company is delighted to secure the prestigious contract. He highlighted that CSSL plans to deliver the entire project within nine months and manage its maintenance for five years, including the potential for extension of the O&M contract.Mr. Dubey noted that this contract win is expected to open avenues for the company to participate in various EPC contracts across other major sectors. These sectors include Transmission & Distribution, Railways Kavach Projects, CCTV surveillance projects, Solar projects, and Optical fibre projects, working with different PSUs and Autonomous bodies both in India and internationally.
About Clear Secured Services Limited
Clear Secured Services Limited is positioned as India's foremost business services company. The firm specializes in delivering advanced housekeeping and technology solutions to major sectors, including banks, financial institutions, organized retail, and e-commerce companies.CSSL maintains a comprehensive presence in Manpower Facility Services, Technology Solutions, and Managed Services. The company’s offerings include meticulous housekeeping and cleaning, advanced e-surveillance, professional manpower support, total infrastructure solutions, security services, and reliable repair and maintenance services, ensuring operational efficiency for its clients. The company is listed on the NSE SME exchange.
CSSL Stock Price Movement
On Friday, Clear Secured Services Limited shares gained 16.68%, settling at ₹105.4. The stock posted a positive session, closing significantly higher than its previous close of ₹91.7 amid 223,000 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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