ITI Ltd to deploy BharatNet undertaking price ₹1,901 cr in North Jap Area

ITI Ltd., unbiased India’s first PSU and a telecom manufacturing firm, on Monday signed an settlement as Undertaking Implementing Company (PIA) with BSNL on behalf of the Common Service Obligation Fund (USOF) for NER-II (North Jap Area) Package deal-15 of BharatNet Section-3 Undertaking.

In line with the PSU, the full worth of the contract is ₹1,901 crore, together with capital expenditure (capex) and working expenditure (opex). The order worth includes ₹1,168 crore as capex, ₹700.84 crore as opex for the newly constructed community, and ₹32.21 crore as opex for the upkeep of the prevailing community.

Rajesh Rai, Chairman and Managing Director, ITI Restricted, mentioned, “ITI is completely happy to signal the settlement with BSNL on behalf of USOF for execution of yet one more bundle of the BharatNet Section-3 Undertaking. It is a very difficult undertaking. My staff is all set and we’ll give our greatest to finish this undertaking to the entire satisfaction of our shopper.”

In November 2024, ITI Restricted, with its consortium associate, had emerged because the lowest bidder (L1) for Package deal No. 15 of BharatNet Section-3 Undertaking comprising Arunachal Pradesh, Nagaland and Manipur states, ITI mentioned in an announcement.