Tuesday, 1 July 2014

Sterlite Tech awarded Rs.2500 cr BSNL deal

Vedanta group company Sterlite Technologies Ltd has won Rs 2500 crore of contracts from Bharat Sanchar Nigam Ltd to supply optic fibre cables for national network for defence that the public sector telecom major is developing for India's armed forces. This comes as good news for Aurangabad, as the optical fibre needed for the project will be supplied from the company's plant in Waluj MIDC here.
Sterlite Technologies has secured a Rs 1950 crore advance purchase order to supply optic fibre cables in Jammu and Kashmir, Maharashtra, Goa, Gujarat, Chhattisgarh, Madhya Pradesh, Assam and Northeast. It also clinched a Rs 500 crore deal to maintain the future optic fibre network in J&K for seven years.
The 60,000-km optic fibre network that BSNL will build for the armed forces will comprise the optical fibre backbone, network management systems and a satellite network, and will cost in excess of Rs 13,000 crore.
Speaking to AurangabadFirst, Sterlite chief operating officer K S Rao said, "Apart from the fact that the contract means good order book for the next 2-3 years, it's a matter of pride to us that we have been chosen for designing and implementing a nationwide defence network project."
He confirmed that optical fibre for the project will be supplied from Aurangabad. "Currently, we have capacity to produce 20 million fibre kilometers per annum. This capacity is enough to handle this order. However, considering the fact that the Union Government is speaking about introducing broadband services on highways, the demand for optical fibre will grow. So, we will go for expansion in Aurangabad in the next two-three years with an aim to produce 35 million fibre kilometers."
Rao said the company had been working on the defence project for the last four years and finally a globally unique design has born. Optical fibre in this cable cannot be tampered with preventing data loss, he added.news-LT

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