Polycab India Bags Rs 6,447 Crore BharatNet Contract

  Published 9 months ago

Polycab India secures Rs 6,447 crore contract with BSNL for BharatNet middle, mile network in Karnataka, Goa, and Puducherry under Package 4.

  • The project includes design, supply, construction, and 10-year maintenance, with 5.5%, 6.5% annual Capex, based on maintenance costs.
  • Valued at Rs 3,741.92 crore Capex and Rs 2,705.62 crore Opex for new and existing network operations.
  • Polycab, India’s top cable maker, expands into EPC projects with no promoter interest in the awarding entity.
You might like these

Sensex, Nifty Mark Six-Week Losing Streak

Zinka Logistics Surges on Revenue Growth

Trump Tariff Sparks India-U.S. Trade Row

Ola Electric Slides on Margin Doubts

RBI Absorbs ₹46,058 Cr via 3-Day VRRR

Emmforce Secures ₹10.5 Cr North America Deal

Rupee Rallies as Dollar Weakens

News that matters the most ⚡