ITI Limited Signs Agreement with BSNL for NER II Package 15 of BharatNet Project worth Rs 1901 Crores
ITI Limited signs agreement worth Rs 6956 crore with BSNL for BharatNet Phase 3 Project across Himachal, West Bengal, Andaman, and Northeast.
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New Delhi: ITI Limited, the country’s first PSU post-independence and a premier telecom manufacturing company recently signed an Agreement as Project Implementing Agency (PIA) with BSNL on behalf of USOF for NER-II Package-15 of BharatNet Phase-3 Project. The total value of this contract is Rs. 1901 Crores including capital expenditure (capex) and operating expenditure (opex). The order value comprises Rs. 1168 Cr as capex, Rs 700.84 Cr as opex for the newly constructed network, and Rs. 32.21 Cr for opex for the maintenance of existing network.
ITI Limited also signed an Agreement with BSNL for Package No. 8 in the state of Himachal Pradesh, and for Package No. 9 in the state of West Bengal, & Andaman and Nicobar Islands with a consolidated order value of Rs. 5055 Crores. With this, ITI Limited has signed Agreements with BSNL for three Packages (8,9, & 15) taking the total order value to Rs. 6956 Crores.
In November 2024, ITI Limited with its consortium partner had emerged as the Lowest Bidder (L1) for Package No. 15 of BharatNet Phase-3 Project comprising Arunachal Pradesh, Nagaland and Manipur states.
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The BharatNet Phase-3 Project is divided into 16 Packages spread across all states & union territories. BSNL had invited tenders, for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance of Middle Mile Network of BharatNet Phase-3 Project on a Design Build Operate and Maintain (DBOM) Model.
Commenting on this new development, Mr. Rajesh Rai, Chairman and Managing Director, ITI Limited, said, - “We are very happy to sign the agreement with BSNL on behalf of USOF for execution of yet another Package of the prestigious BharatNet Phase-3 Project. This is indeed a very challenging project and I am grateful to BSNL for reposing their faith yet again on ITI. My team is all set and we will give our best to complete this project to the complete satisfaction of our client.”
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