HFCL wins Rs. 186.9 crore order from BSNL
Himachal Futuristic Communications (HFCL) has received a purchase order from Bharat Sanchar Nigam Limited (BSNL) for installation of Defence Communication Network with Optical Transmission for the armed forces.
The order is for procurement and installation, as well as testing and maintenance of WSSROADM-based Multi-Channel DWDM Systems, POTS equipment-based on Multi-Service provisioning platform, clock synchronization and equipment for the optical transmission backbone network on a turnkey basis for defence forces. The Project is to be completed within 10 months from the date of issue of Order, July 8, 2019.
The project would be funded by Department of Telecom (DOT) and BSNL is the nodal agency for the execution of the project. The payment terms include 70 per cent of the amount of the cost of materials supplied against on Site Acceptance Test, payment for 20 per cent amount for supply of materials on Regional AT, 5 per cent for supply of Materials on Network AT and the remaining 5 per cent for supply of materials after completion of warranty period of one year, successful integration of DWDM-based optical transmission system with IP/ MPLS-based nationwide Routing network via Bulk Encryption Units, integration of transmission layer/ synchronization of EMS/NMS with the Unified NMS and shifting of servers to the data centres.
On Wednesday, at 10:21 hours, the stock of HFCL was trading at Rs. 19.75, down by 0.25 per cent on BSE.