Tera Software Limited — New Orders, 13-01-2025: Awarding of order(s)/contract(s)

Tera Software Limited's consortium, led in partnership with ITI Limited, has secured an Advance Work Order (AWO) for the BharatNet Project, covering Packages No. 8 and 9 in the states of Himachal Pradesh, West Bengal, and Andaman & Nicobar. The total order value is approximately Rs. 5049 Cr. This project involves the design, supply, construction, installation, upgradation, operation, and maintenance of the Middle Mile Network under the BharatNet Phase-3 initiative. It aims to enhance connectivity to 250,000 Gram Panchayats, reflecting significant growth potential for Tera Software in its ongoing expansion in BharatNet initiatives following successful phases in Andhra Pradesh and Odisha. Investors should note this development as a positive outlook for future revenue contributions and strategic positioning in government projects.