HFCL Bags Order From BSNL Worth INR 1280 Million
Himachal Futuristic Communications Limited has received the Purchase Order ("PO") worth INR 1280 million (approx) from Bharat Sanchar Nigam Limited, New Delhi for supply of Packet Microwave Radio Systems on pan India basis for BSNL Mobile Network. This equipment PO is part of a turnkey project and the balance PO for Installation and AMC support services will be issued separately by BSNL.
|1||Name of the Entity awarding the Order(s)/Contract(s)||Bharat Sanchar Nigam Limited, New Delhi|
|2||Significant terms and conditions of Order(s)/Contract(s) awarded in brief|
This PO is part of a turnkey project which has to be commissioned in three phases within ten to twelve months. Thereafter Company has to provide warranty support for one year.
50% of supply amount upon receipt of the equipment by BSNL consignee in satisfactory condition, 30% of supply amount upon successful Installation, Testing, Commissioning of the equipment at sites, 10% of supply upon completion of site AT and balance 10% of supply amount after warranty period of one year.
|3||Whether Order(s) / Contract(s) have been awarded by domestic/ international entity||Domestic|
|4||Nature of Order(s) / Contract(s)||Planning, Radio Frequency Survey, Supply, Installation, Commissioning and AMC of 15/18 GHz Packet Microwave Radio Systems along with Antenna, Inter-connect cable and other associated accessories as per schedule of requirement stated in respective Tender.|
|5||Whether domestic or international||Domestic|
|6||Time period by which the Order(s)/Contract(s) is to be executed||Ten to Twelve months (within three phases)|
|7||Broad consideration or size of the order(s)/contract(s)||INR 1280 million approx. (for material)An add-on PO for Installation and AMC Services is expected soon.|
|8||Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes,nature of interest and details thereof||No|
|9||Whether the order(s)/contract(s)would fall within related party transactions? If yes, whether the same is done at "arms length||No|
- Issued By:
- Bagged By:
- Region:Northern India
- Industry:Electronic & Telecom Equipment
- Value:INR 1280 Million
- Published On:2017-11-20