Sterlite bags BSNL projects worth Rs.1.07 bn

June 23rd, 2008 - 4:33 pm ICT by IANS  

Mumbai, June 23 (IANS) Sterlite Technologies Ltd, 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. Announcing this here, a spokesperson of the Maharashtra-based Sterlite Monday said the 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.

Sterlite is currently executing an Ethernet network project in Mumbai.

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