ITI Ltd to deploy BharatNet project worth ₹1,901 cr in North Eastern Region
According to the PSU, the total value of the contract is ₹1,901 crore, including capital expenditure (capex) and operating expenditure (opex). The order value comprises ₹1,168 crore as capex, ₹700.84 crore as opex for the newly constructed network, and ₹32.21 crore as opex for the maintenance of the existing network.
Rajesh Rai, Chairman and Managing Director, ITI Limited, said, 'ITI is happy to sign the agreement with BSNL on behalf of USOF for execution of yet another package of the BharatNet Phase-3 Project. This is a very challenging project. My team is all set and we will give our best to complete this project to the complete satisfaction of our client.'
In November 2024, ITI Limited, with its consortium partner, had emerged as the lowest bidder (L1) for Package No. 15 of BharatNet Phase-3 Project comprising Arunachal Pradesh, Nagaland and Manipur states, ITI said in a statement.
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