Himachal Futuristic Communications bags order worth Rs 611 crore

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Capital Market
Last Updated : Sep 19 2018 | 9:31 AM IST

From Bharat Sanchar Nigam, New Delhi

Himachal Futuristic Communications has received an Advance Purchase Order worth Rs.611 crore from Bharat Sanchar Nigam, New Delhi vide its letter dated 17 September, 2018 for Survey, Procurement, Supply, Trenching, Laying, Installation, Testing and Maintenance of Optical Fibre Cable (OFC), Accessories and GPON Equipment in the State of Madhya Pradesh under BharatNet Phase - II (for MP-1 Package) Network of Government of India.

The total Material cost and Service cost is Rs.207 crore and Rs.245 crore respectively aggregating to Rs.452 crore. The Company shall also provide Operation and Maintenance Services for a period of seven years at a total cost of Rs.159 crore under this Project.

Under this Project, around 1038 Gram Panchayats in 13 Blocks will get Broadband connectivity.

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First Published: Sep 19 2018 | 9:05 AM IST

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