ITI Ltd bags another BharatNet project worth Rs 1,901 cr, CMD says this win reflects faith in PSU's ability to deliver

New Delhi: ITI Limited has signed an agreement as Project Implementing Agency (PIA) with BSNL on behalf of USOF for NER-II Package-15 of BharatNet Phase-3 Project. The total value of this contract is Rs. 1,901 crore, including capital expenditure (CAPEX) and operating expenditure (OPEX). The order value comprises Rs 1168 Cr as capex, Rs 700.84 crore as opex for the newly constructed network, and Rs 32.21 crore for opex for the maintenance of the existing network.

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It is pertinent to mention here that ITI Limited also signed an Agreement with BSNL for Package No. 8 in the state of Himachal Pradesh, and for Package No. 9 in the state of West Bengal, & Andaman and Nicobar Islands with a consolidated order value of Rs. 5055 Crores. With this, ITI Limited has signed Agreements with BSNL for three Packages (8,9, & 15) taking the total order value to Rs. 6956 Crores.

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.

The BharatNet Phase-3 Project is divided into 16 Packages spread across all states & union territories. BSNL had invited tenders, for Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance of Middle Mile Network of BharatNet Phase-3 Project on a Design Build Operate and Maintain (DBOM) Model.

Commenting on the MoU, the ITI Limited's CMD Rajesh Rai said - “We are very happy to sign the agreement with BSNL on behalf of USOF for execution of yet another Package of the prestigious BharatNet Phase-3 Project. This is indeed a very challenging project and I am grateful to BSNL for reposing their faith yet again on ITI. We have accumulated vast experience in executing optical fiber network (OFN) across India for defence and BharatNet projects and we are raring to execute with dedication.”

"My team is all set and we will give our best to complete this project to the complete satisfaction of our client,” said Rai as he concluded his remarks.

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