Telecom Gear Maker HFCL Bags Rs 283 Crore Contract From Gujarat Metro

Telecom gear maker HFCL has bagged a contract worth Rs 282.61 crore from Gujarat Metro Rail Corporation to implement communication systems for Surat Metro Rail Project Phase-1.

The company has to execute the project within 90 weeks from the date of contract.

"The Company has bagged an Order worth Rs 282.61 crores from Gujarat Metro Rail Corporation (GMRC) Limited for Design, Manufacture, Supply, Installation, Testing and Commissioning of Telecommunication Systems for Surat Metro Rail Project Phase-I," the company said in a regulatory filing on Wednesday (29 March).

Under the contract, HFCL has to provide warranty support for 110 weeks for the system that it will deploy.

Moreover, the company is currently implementing telecom networks for seven greenfield dedicated freight corridor projects for Indian Railways.

HFCL is also integrating communication networks for metros and mainline railways, apart from implementing video management systems at around 600 stations.

The company is also among a group of Indian players assigned to conduct a 5G trial for Indian Railways in the Palwal-Mathura section.

(With inputs from PTI)