HFCL bags order of worth Rs 583cr from BBNL for broadband connectivity

Myequity news service | Date : 11-07-2018 19:30:00 IST

Himachal Futuristic Communications Limited, telecom infrastructure enabler company has received Advance Purchase Orders worth Rs.305 crore and Rs.278 crore approximately aggregating to Rs.583 crore from Bharat Broadband Network Nigam Limited, New Delhi.

The order is for Survey, Planning, Supply, Installation, end-to-end Integration, Testing and Commissioning, of Optical Fibre Cable (OFC) GPON network and Radio Network, Operation and Maintenance for a period of eight years and facilitating services provisioning of the created network in the State of Punjab under BharatNet Phase- II programme of Government of India.

In this Turnkey Project , around 3224 Gram Panchayats in 36 Blocks will get Broadband connectivity. BharatNet Programme forms one of the Key Pillars of Digital India Program. It is a project of national importance, envisage to connect & provide broadband connectivity at around 2,50,500 Gram Panchayats in the country.

About Himachal Futuristic Communications Ltd :

Himachal Futuristic Communications Ltd is one of the largest Telecom equipment suppliers of Transmission equipment, Terminal equipment, Access equipment and Fibre Optic Cable in India. The company is also providing Turnkey services to various operators and large multinationals operating in the country. Their manufacturing facilities are located at Solan in Himachal Pradesh, Salcete in Goa and New Delhi.

Himachal Futuristic Communications Ltd was incorporated on May 11, 1987. The company started with manufacturing transmission Equipment and soon they expanded their product portfolio to manufacture Access Equipment, Optical Fibre Cable, Accessories and Terminal Equipment. The company is geared up for meeting the new generation access network demand in future.

Himachal Futuristic Communications Ltd closed 3.54% down at Rs 30.00

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