GTPL Hathway bags Rs 1245.77 cr EPC contract from Gujarat Fibre Grid Network
Capital MarketGTPL Hathway has been appointed as Project Implementation Agency (PIA) of Package B for implementation of BharatNet Phase ] II Project in the state of Gujarat by Gujarat Fibre Grid Network (GFGNL). The Rs 1245.77 crore project is on EPC bases and includes Survey, Design, Plan, execution with active/passive (OSP + Electronics) components with commissioning of complete network. GTPL Hathway and Polycab Wires, Indiafs largest wire and cable company, are the consortium partners and will jointly implement this prestigious project.
Under the project, GTPL will connect 3,767 GPs (Gram Panchayat, Package B, Saurashtra region) by implementing end]to]end Optic Fibre Cable and digital infrastructure at Centralized network operations centre of Gandhinagar in Gujarat. The contract value includes Capex and 3 Years O&M (Operation & Maintenance). The contract also includes further option of an extension of additional 4 Years of O&M mandate at additional value.
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