Polycab India Limited (NSE: POLYCAB, BSE: 542652) has executed an agreement with Bharat Sanchar Nigam Limited (BSNL) to serve as the Project Implementation Agency (PIA) for the BharatNet program. The contract, valued at ₹3002.99 crore (inclusive of GST), involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle mile network in the Bihar Telecom Circle under Package No. 7.
The project includes a capital expenditure (Capex) of ₹1549.66 crore, operational expenditure (Opex) for newly constructed networks of ₹929.79 crore, and Opex for existing networks of ₹523.53 crore. The construction phase is set to be completed within three years, followed by a ten-year maintenance contract.
Manita Carmen A. Gonsalves, Vice President-Legal and Company Secretary of Polycab India Limited, confirmed the agreement in a filing with the stock exchanges.
This significant contract win for Polycab India underscores its growing role in India’s digital infrastructure development, particularly in enhancing rural connectivity through the BharatNet initiative.
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Published on: March 12, 2025 at 9.00PM GMT.
Indian Premier League 2025 Season to Commence on March 22
The 2025 Indian Premier League (IPL) is set to begin on March 22, with the opening match between defending champions Kolkata Knight Riders and Royal Challengers Bangalore at Eden Gardens, Kolkata. The season will maintain a 74-match format, with the final scheduled for May 25. This season also marks the adoption of the International Cricket Council’s Code of Conduct regulations for Twenty20 International matches.
As stated in Bhagavad Gita : (Bhagavad Gita 18.54)
ब्रह्मभूतः प्रसन्नात्मा न शोचति न काङ्क्षति।
One who is transcendentally situated is not disturbed by the dualities of happiness and distress.
