financetom
Business
financetom
/
Business
/
HFCL bags Gujarat Metro Rail order worth Rs 282 crore
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HFCL bags Gujarat Metro Rail order worth Rs 282 crore
Mar 29, 2023 12:54 AM

HFCL Limited announced today that it has bagged an order worth Rs 282 crore from Gujarat Metro Rail Corporation (GMRC) Limited. Under the contract, the company will be setting up telecommunication systems for Surat Metro Rail Project Phase-I of GMRC.

Share Market Live

NSE

The order is for design, manufacture, supply, installation, testing and commissioning of telecommunication systems for Surat Metro Rail Project Phase-I. The company will have to execute the work within ninety weeks from the date of contract. Thereafter, it will have to provide warranty support for one hundred ten weeks.

Earlier on March 9, 2023, HFCL announced its collaboration with Microsoft to roll out private 5G solutions for enterprises. As per the collaboration, the company will create converged private 5G solutions that harness new-age technologies of IoT, Cloud, Edge Computing, AI and Analytics to transform industry verticals that include manufacturing, retail & warehouse, mining, education, defence, railways, smart city, etc.

Also read: HFCL bags approval to avail incentives up to Rs 652 crore under PLI Scheme

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved