Tamil Nadu Telecommunications receives APO from Bharat Broadband Network

For supply of 5800 KMs of 24F DS OFC

Tamil Nadu Telecommunications announced that it has already been intimated that the Company has received APO from M/s. Bharat Broadband Network (BBNL) for supply of 5800 KMs of 24F DS OFC. The value of the APO is Rs. 31.9 crore including accessories. Against the APO the Company has received PO for 50% quantity now and balance 50% is expected by September-October 2014. The production against the PO is in progress and expected to be completed by October 2014. It is expected that BSNL also is going to float a tender for supply of 24F DS OFC during the year.

In view of above, the Company is expected to be fully engaged during the current financial year upto 31 March 2015. In order to effectively utilize the manufacturing facility during the idle period in case of no orders situation, the Company wants to explore the possibility of leasing the manufacturing facility.

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