HFCL Ltd has received an advance work order worth ₹2,501.30 crore from Bharat Sanchar Nigam Limited (BSNL) for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for BharatNet Phase III in the Punjab telecom circle. The project will be executed under the Design, Build, Operate, and Maintain (DBOM) model, with the construction phase expected to be completed within three years, the company stated in a regulatory filing.
The contract encompasses ₹1,244.61 crore for capital expenditure (capex), ₹746.76 crore for operational expenditure (opex) of the newly-constructed network, and ₹509.94 crore for the opex of the existing network. Following the construction phase, a 10-year maintenance contract will be implemented, with opex set at 5.5% per annum of capex for the first five years and 6.5% per annum for the subsequent five years.
For the maintenance phase, operational costs will be 5.5% of capex annually for the first five years, increasing to 6.5% per annum for the subsequent five years. HFCL Limited (Himachal Futuristic Communications Limited) is a leading Indian telecom and technology company specializing in providing integrated solutions for telecommunications infrastructure.
Established in 1987, HFCL has played a significant role in advancing India’s telecom sector, offering a wide range of products and services, including optical fiber cables, optical transport networks, and wireless communication solutions. The company is also deeply involved in implementing large-scale projects, such as BharatNet, aimed at expanding rural broadband connectivity across India. With a strong focus on innovation and sustainability, HFCL continues to drive technological advancements in 5G networks, smart cities, and defense communication, reinforcing its position as a key player in the global telecom landscape.
