Himachal Futuristic Communications Limited (HFCL) has received a Purchase Order ("PO") worth INR 24670 million from Bharat Sanchar Nigam Limited (BSNL), New Delhi, for setting up of the Converged Nationwide IP /MPLS Backbone & Access Network tor Armed Forces under the Network for Spectrum ("NFS") Programme of the Government of India.

The scope of work under the above PO also include Operation and Maintenance ("O&M") for a period of 10 years including 3 year warranty period for which INR 8620 million will be paid by the Indian Defence Services, after the warranty period is over.

This Project is funded by Department of Telecom ("DOT"), Government of India and BSNL has been appointed as the nodal agency by the DoT for Project execution. As the Project has been funded by the DOT, Government of India, the timely realisation against the said PO is secured.