Tera Software Limited — New Orders, 22-01-2025: Awarding of order(s)/contract(s)

Tera Software Limited has updated the value of its Advance Work Order (AWO) from ₹5049 Cr to ₹5104 Cr for the BharatNet Project's Middle Mile Network in Himachal Pradesh, West Bengal, and Andaman & Nicobar. This revised order was confirmed via a corrigendum from BharatNet. Tera Software is in a consortium with ITI Limited, responsible for the design, supply, construction, installation, upgradation, operation, and maintenance of the network, which aims to serve 250,000 Gram Panchayats as part of the BharatNet Phase-3 initiative. This adjustment could enhance Tera's revenue potential and underlying project value, reflecting a positive outlook for its operational capacity in the telecommunications sector.