Telecom manufacturing company ITI Limited has signed an agreement with BSNL, acting on behalf of the Universal Service Obligation Fund (USOF), to serve as the Project Implementing Agency (PIA) for the NER-II Package-15 of the BharatNet Phase-3 Project.

The total contract is valued at ₹1,901 crore, which includes both capital expenditure (capex) and operating expenditure (opex). Of this, ₹1,168 crore is allocated for capex, ₹700.84 crore for opex related to the newly constructed network, and ₹32.21 crore for the maintenance of the existing network.

ITI Limited also signed an agreement with BSNL for Package No. 8 in Himachal Pradesh, and for Package No. 9 in West Bengal, and Andaman and Nicobar Islands with a consolidated order value of ₹5,055 crore. With this, ITI Limited has signed agreements with BSNL for three packages (8,9, & 15) taking the total order value to ₹6,956 crore.

Earlier, 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 development, Rajesh Rai, Chairman and Managing Director, ITI Limited, said, “This is a challenging project, and I am grateful to BSNL for reposing their faith yet again on ITI. My team is all set, and we will give our best to complete this project to the complete satisfaction of our client.” The shares of the company closed at ₹336.40, up by 4.99 per cent on the BSE.

Published on June 30, 2025