Rail Vikas Nigam Limited — Important, 16-01-2025: Updates

A Letter of Acceptance has been received from Bharat Sanchar Nigam Limited (BSNL) for the development, upgradation, and operation & maintenance of the Middle Mile network under the Design Build Operate and Maintain (DBOM) model. The contract, valued at approximately ₹9613.42 crore, is part of the company's normal business operations. The timeline for execution includes three years for construction, followed by a maintenance contract lasting ten years at varied annual rates. This development enhances RVNL's position in the telecommunications infrastructure sector, suggesting a positive outlook for future opportunities in similar contracts.