NCC Limited, a leading infrastructure company, has announced a significant achievement in securing two major contracts from Bharat Sanchar Nigam Limited (BSNL) under the BharatNet project. The contracts, valued at a total of ₹10,804.56 crore (excluding GST), cover the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network in multiple telecom circles.
Order Details
As per the company’s disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, the awarded contracts include:
1. Uttarakhand Telecom Circle
Contract Value: ₹2,647.12 crore
Capital Expenditure (Capex): ₹1,543.35 crore
Operational Expenditure (Opex): ₹1,103.77 crore
Execution Timeline: 3 years for construction, 10 years for maintenance
2. Madhya Pradesh, DNH & DD Telecom Circles
Contract Value: ₹8,157.44 crore
Capital Expenditure (Capex): ₹4,189.05 crore
Operational Expenditure (Opex): ₹3,968.39 crore
Execution Timeline: 3 years for construction, 10 years for maintenance
The contracts were awarded by BSNL, a domestic entity, and fall under the general contract conditions of the BharatNet initiative.
Significance of the Deal:This massive order reinforces NCC Limited’s presence in India’s digital infrastructure space.BharatNet aims to enhance connectivity in rural areas, making this a crucial step toward India's digital transformation.The long-term maintenance contract ensures sustained revenue flow for NCC over a decade.
Company’s Standpoint:In the regulatory filing, Sisir K Mishra, Company Secretary of NCC Limited, expressed confidence in the company’s ability to execute these large-scale infrastructure projects efficiently.
Disclaimer:
This article is for informational purposes only and should not be considered financial or investment advice. Readers are advised to conduct their own research or consult with financial experts before making any investment decisions. The author and publisher are not responsible for any financial losses arising from the use of this information.
