By BasisPoint Insight
July 1, 2025 at 10:24 AM IST
ITI Ltd. on Monday said it has signed a contract worth ₹19.01 billion with Bharat Sanchar Nigam Ltd. for Package 15 of the BharatNet Phase-3 project, covering Arunachal Pradesh, Nagaland, and Manipur. The deal, signed on behalf of the Universal Service Obligation Fund, includes ₹11.68 billion for capital expenditure, ₹7.01 billion for operations, and ₹322.1 million for maintenance of the existing network.
The company also inked two other contracts with BSNL — Package 8 for Himachal Pradesh and Package 9 covering West Bengal and the Andaman & Nicobar Islands — with a combined value of ₹50.55 billion. With this, ITI’s total order book under BharatNet Phase-3 has risen to ₹69.56 billion, the company said in an exchange filing.