iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Dilip Buildcon consortium emerges L1 bidder for BharatNet project

13 Nov 2024 , 09:21 AM

Dilip Buildcon announced on Tuesday, November 12, that its STL-DBL consortium had submitted the lowest offer for BSNL’s BharatNet Phase III broadband connectivity project.

The USOF-funded project aims to deliver middle and last-mile connectivity in Jammu Kashmir and Ladakh, costing ₹1,625.36 Crore. As part of the consortium, Dilip Buildcon’s stake in project implementation is 70.23%.

The project is expected to take three years to complete, and the corporation will earn a 10-year maintenance contract for it. 

BSNL has awarded contracts for the BharatNet project to several companies in recent days. On Monday, November 11, HFCL announced that its consortium comprising Rail Vikas Nigam Ltd. (RVNL) and Aerial Telecom Solutions had been declared the lowest bidder for a BharatNet project by BSNL.

The consortium bids ₹6,925 Crore for a middle-mile network in Uttar Pradesh’s east and west as part of the Centre’s BharatNet Phase III plan.

ITI Ltd, as the L1 bidder, would execute Package No 15, which covers the northeastern states of Arunachal Pradesh, Nagaland, and Manipur and is priced at ₹1,537 Crore. ITI was awarded Package No. 8 for Himachal Pradesh and Package No. 9 for West Bengal and the Andaman and Nicobar Islands, totalling ₹3,022 Crore, according to a stock exchange filing dated November 10.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Dilip Buildcon
  • Dilip Buildcon Bid
  • Dilip Buildcon Contract
  • Dilip Buildcon news
  • Dilip Buildcon Updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2024, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.