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HFCL secures work order worth Rs 179 cr for network equipment

Wednesday, 14 Feb 2024
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Himachal Futuristic Communications (HFCL) has secured a work order worth Rs 179 crore from Bharat Sanchar Nigam (BSNL) to supply 4G and 5G network equipment.

Under this contract, HFCL will provide product and services to BSNL crucial for supporting 4G and 5G network requirements. The work encompasses initial planning, on-site surveys, supply, installation, testing, commissioning, operations and annual maintenance of microwave links. The deployment of these advanced solutions assures higher data transfer rates, low latency and enhanced reliability and performance.

As part of the order, HFCL will supply indigenously designed and developed unlicensed band radio (UBRs) in 5 Ghz frequency band with one gigabit per second capacity. This significant win solidifies HFCL's position as a leader in indigenous 4G and 5G backhauling solutions.

Out of the total advance purchase order worth Rs 179 crore, the company has secured a contract worth Rs 141 crore comprising Rs 119 crore in capital expenditure and Rs 22 crore for annual maintenance order. With a strategic 'Make in India' approach, its cutting-edge 4G and 5G backhauling solution emphasises capturing opportunities in global markets. The balance order of around Rs 38 Crore is expected to be released on completion of supply against the current purchase order.

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