New Delhi [India], September 18 (ANI): Technology firm HFCL has secured an order aggregating to Rs 1,015 crores from Madhya Pradesh Jal Nigam. The challenge must be executed inside twenty-four months.
The order encompasses offering companies together with provision for the laying of optical fibre cables on vital and vital routes, for the execution of Multi-Village Drinking Water Supply Network within the Sheopur district.
Following the profitable commissioning of the challenge, a three-month trial run can be carried out.
Thereafter, the corporate has to offer operation and upkeep companies for 10 years together with a defect legal responsibility interval of 1 yr which is able to run concurrently, the corporate knowledgeable stock exchanges.
“The installation of optical fiber cables in these areas will also enhance the operation and maintenance of the network. This Order is expected to boost the Company’s revenue and profitability,” it mentioned within the stock change submitting.
Shares of HFCL have been 3.6 per cent greater at Rs 75.50 on the time of submitting this report. (ANI)