Exicom Tele-Systems Limited — New Orders, 24-01-2025: Bagging/Receiving of orders/contracts

Exicom Tele-Systems Limited has secured an Advance Purchase Order valued at approximately INR 1,412.48 Crores from Rail Vikas Nigam Limited (RVNL) for the prestigious BharatNet Phase III project. This contract includes the supply of Telecom equipment (Power Systems and Racks) and maintenance services for a period of ten years in both East and West Uttar Pradesh Telecom circles. The order will be executed over three years for the supply of materials, while the maintenance will span a full decade. With a capital expenditure of around INR 1,004.97 Crores and operational expenditure of about INR 407.51 Crores, this significant contract marks a positive development for Exicom, potentially strengthening its market position and revenue streams in the telecommunications sector. Investors should monitor the company’s execution capabilities in response to this major order.