Thursday, 29 January 2015

BSNL awards Rs 8000 crore telecom contract to Sterlite Tech


BSNL awards Rs 8000 crore telecom contract to Sterlite Tech

Sterlite Technologies, a Vedanta group company, state-run ITI Ltd and construction firm L&T have jointly acquired nearly Rs 8,000 crore worth of contracts award from BSNL.

The companies will be engaged in delivering and handling end-to-end stationing of an optical fibre cable backbone for a vast telecom network that state-run BSNL is setting up for India’s armed forces. Sterlite bagged a Rs 1,950 crore advance purchase order (APO) to supply OFC in Jammu & Kashmir, Maharashtra, Goa, Gujarat, Chhattisgarh, Madhya Pradesh, Assam and northeast.

Furthermore, it has signed a Rs 500 crore deal to manage the future optic fibre netrwok in J&K for seven years.

According to Anand Agarwal, chief executive officer at Sterlite Technologies - Apart from supplying fibre optic cables in the western states, Assam and northeast, Sterlite Tech will also handle end-to-end stationing, involving design, engineering, set up and maintenance of the OFC network in J&K.

ITI sequentially received an APO worth Rs 2,984.50 crore from BSNL to handle optic fibre network stationing in eastern and northeast states for the defence ministry telecom project.

Engineering and construction firm L&T has reportedly secured a RS 2,442 crore deal from BSNL for constituting an optical fibre cable network in particular areas that will form an optical national long distance backbone and optical connection line for the armed forces. According to a top BSNL executive, the APOs had been settled with “Sterlite, L&T and ITI.”Read complete story at http://www.tendersontime.com/blog-detail/bsnlwards-rs-8000-crore-telecom-contract-sterlite-tech-127.php

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