HFCL Secures Contract of ~INR 2,666.09 Crores from Rail Vikas Nigam Limited (RVNL)
HFCL Limited has been awarded a significant contract amounting to approximately INR 2,666.09 Crores by Rail Vikas Nigam Limited (RVNL). This contract relates to the BharatNet Phase-III project within the Uttar Pradesh (West) Telecom Circle.The scope of work covered under the contract includes the supply of telecom equipment and related accessories, installation and commissioning, the creation of an Optical Fiber Cable Telecom Network, and maintenance of the project for a period of 10 years, which includes a one-year warranty period.
This new assignment comes in addition to a previous contract awarded by RVNL for BharatNet Phase-III projects covering both the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles, valued at INR 2,167.65 Crores.
The project specifics and financial breakdown are detailed below:
| Particulars | Details |
|---|---|
| Awarding Entity | Rail Vikas Nigam Limited |
| Nature of Contract | Supply of telecom equipment and related accessories with installation & commissioning, Creation of Optical Fiber Cable Telecom Network and Maintenance of the project for a period of 10 years, including a 1-year warranty period |
| Time Period | Two (02) Years for implementation and Ten (10) years of O&M including One (01) year warranty period |
| Broad Consideration/Size | ~INR 2666.09 crores (Capex ~INR 1192.82 Crores, Opex ~INR 1473.27 Crores) |
HFCL Limited stated that it remains committed to delivering high-quality execution of large-scale digital connectivity projects and continues to strengthen its position in the telecom network domain.
HFCL Stock Price Movement
Today, shares of HFCL Limited edged higher, settling at ₹190.13 after closing up 0.06%. The equity saw solid trading activity, with 30.85 million shares traded throughout the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.