News Announcement

HFCL: HFCL Bags Advance Purchase Orders For Rs.583 Crore Approx From Bharat Broadband Network Nigam Limited ("BBNL") For Broadband Connectivity In The State Of Punjab Under Bharatnet Phase -II Programme Of Government Of India

We are pleased to inform you that the Company has received Advance Purchase Orders worth Rs.305 crore and Rs.278 crore approx. aggregating to Rs.583 crore from Bharat Broadband Network Nigam Limited, New Delhi vide its two letters both dated 9th July, 2018 respectively 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.

Under 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.

This is for your information and record please.

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