Indus Towers to invest Rs 260 cr in Punjab, Haryana

Indus Towers today said it will invest Rs 260 crore on setting up 1,000 new telecom towers in Punjab and Haryana in the current fiscal.
"We have planned to invest Rs 180 crore in Punjab and Rs 80 crore in Haryana for setting up 1,000 telecom towers in both states," Company's CEO, Punjab and Haryana, Rajesh V told reporters here today.
Of the proposed towers, 700 sites will be in Punjab and rest will be in Haryana, he said. The company currently has more than 7,800 towers in both the states with over 17,000 tenancies in the circles.
"We are rigorously working towards providing seamless connectivity in the circles to empower local economy," he said, adding that the teledensity in Punjab is more than 100 per cent while in Haryana, it is 75-80 per cent.

On reducing carbon emission, Rajesh said: "As a part of its efforts, the company has been able to reduce diesel consumption by 13.29 lakh litres - a reduction of around 20 per cent as compared to the last financial year. Going forward, the company plans to eliminate the consumption of diesel and minimize the running of diesel generators from a majority of its sites in Punjab and Haryana circles."
He said the company has also been able to reduce the use of air conditioning in towers in Punjab and Haryana. "Our 43 per cent towers sites in Punjab and Haryana are not using AC.