HFCL wins OFC orders worth Rs 502 cr from L&T, ITI

Himachal Futuristic Communications Limited (HFCL) on Thursday said it has won orders worth Rs 502.73 crore for supply of Optical Fibre Cables (OFC) from Larsen & Toubro (L&T) and a consortium led by ITI.

"Order from L&T amounts to Rs 147.73 crore for supply of 16,882 KM OFC which shall be used by L&T for creating OFC Network infrastructure in Andhra Pradesh under BharatNet Phase-11 Project," the company said in a regulatory filing to the BSE on Thursday.

"Another such key order has been received from ITI led Consortium valued at Rs 355 crore for supply of 37,798 KM OFC to be deployed by them in Maharashtra under BharatNet Phase-11 Project."