Core Announcement – Order Details
Awarding Entity: Rail Vikas Nigam Limited (RVNL)
Domestic/International Order: Domestic
Nature of Order/Contract:
Supply of telecom equipment and related accessories with installation & commissioning, Creation of Optical Fiber Cable Telecom Network, and Maintenance of the project for a period of 10 years including a 1-year warranty period.
Order Value:
~INR 2666.09 crores (Capex ~INR 1192.82 Crores, Opex ~INR 1473.27 Crores)
Materiality Context:
This contract is in addition to the earlier Contract of INR 2,167.65 Crores awarded to the Company by RVNL for BharatNet Phase-III projects in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles which was intimated to the stock exchanges on January 23, 2025.
Execution Timeline:
Two (02) Years for implementation & Ten (10) years of O&M including One (01) year warranty period.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: General Contract Conditions (no specific details provided)
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified