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Wednesday, 2 July 2014

Sterlite Technologies bags Rs 2,500 crore deal from BSNL

KOLKATA: Vedanta group company Sterlite Technologies Ltd has just bagged nearly Rs 2500 crore of contracts from Bharat Sanchar Nigam to supply optic fibre cables for a mega alternate communications network that the state-run telco is building for India's armed forces.

Sterlite Technologies will be one of the prime suppliers of optic fibre cables for the crucial optic fibre backbone that will meet the strategic communication needs of the army and navy.

Sterlite Technologies has secured an Rs 1950 crore advance purchase order to supply optic fibre cables in Jammu & Kashmir, Maharashtra, Goa, Gujarat, Chattisgarh, Madhya Pradesh, Assam, Northeast. In addition, it has inked a Rs 500 crore deal to maintain the future optic fibre network in J&K for seven years. Sterlite Technologies will be one of the prime suppliers of optic fibre cables for the crucial optic fibre backbone.

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