Wednesday, June 25, 2008

Sterlite bags BSNL projects worth $26.7 Mn

Sterlite Technologies, manufacturers of power transmission conductors and optical fibre and telecom cables, has bagged two contracts worth Rs.1.07 billion ($26.7 million) from the state-owned telecom major BSNL.

First contract is for fibre optic cables that BSNL (Bharat Sanchar Nigam Ltd) intends to install in about 900 urban centres across the country.The second contract is for copper telecom cables to develop basic telephony in rural areas. Both contracts have to be executed this year.

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