Order Win
ITI Limited Wins ₹856.39 Crore BSNL Order for 4G Network Expansion in West India
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ITI Limited has secured a ₹856.39 crore order from Bharat Sanchar Nigam Limited (BSNL) for the Phase IX expansion of the 4G Mobile Network in West India. The turnkey contract covers planning, engineering, supply, installation, testing and commissioning of 7,613 sites, strengthening ITI’s role in India’s indigenous telecom infrastructure rollout.
PRICE-SENSITIVE TRIGGER
Event: ITI Limited received a new BSNL order for the Phase IX expansion of the 4G mobile network in West India.
Type: Order Win
Impact: Positive
Immediate Effect:
The order enhances ITI’s telecom project pipeline, reinforces its execution partnership with BSNL, and provides additional revenue visibility through expansion of the indigenous 4G rollout.
Financials:
Key Metrics:
- Order Value: ₹856.39 crore
- Customer: Bharat Sanchar Nigam Limited (BSNL)
- Project Scope: Turnkey 4G Mobile Network Expansion
- Sites Covered: 7,613
- Project Region: West India (West Zone)
Highlight:
- Order Size: ₹856.39 crore
What Happened ?
ITI Limited announced that it has received a ₹856.39 crore work order from BSNL for the Phase IX expansion of the 4G Mobile Network in the West Zone.
The turnkey contract covers planning, engineering, supply, installation, testing and commissioning of 4G mobile network infrastructure across 7,613 sites. The order follows the successful execution of BSNL’s earlier Phase IX.2 project by ITI and its consortium partner, Tata Consultancy Services (TCS), and supports the Government of India’s Atmanirbhar Bharat telecom initiative.
key details
Section Name:
BSNL 4G Expansion Project
Key Highlights:
- ITI Limited secured a ₹856.39 crore expansion order from BSNL.
- The project involves 4G Mobile Network Phase IX expansion in the West Zone.
- Scope includes planning, engineering, supply, installation, testing and commissioning on a turnkey basis.
- The contract covers 7,613 network sites.
- The expansion includes saturation sites funded under the Digital Bharat Nidhi (DBN) initiative.
- The order follows ITI’s successful execution of the earlier ₹2,640 crore Phase IX.2 BSNL 4G project in partnership with Tata Consultancy Services (TCS).
- ITI is currently executing BharatNet Phase III projects worth approximately ₹7,000 crore for BSNL across Himachal Pradesh, West Bengal, Andaman & Nicobar Islands, Arunachal Pradesh, Nagaland and Manipur.
Note:
- The latest order strengthens ITI’s position as a key implementation partner for BSNL’s indigenous telecom network expansion and further deepens its participation in large-scale government telecom infrastructure projects.
Risk Analysis
Summary:
- Although the order improves revenue visibility, successful execution within project timelines and performance obligations will be critical for realizing the contract value.
Key Risks:
- Timely execution across 7,613 sites is essential.
- Delays in supply chain or project implementation could affect execution schedules.
- Revenue recognition will depend on project milestones and completion.
- Large government infrastructure projects are subject to operational and contractual execution risks.
Worst Case:
- Execution delays, cost overruns, or implementation challenges could postpone revenue realization and impact project profitability.
Risk Level: Medium
Company Commentary
- ITI stated that the order reflects BSNL’s continued confidence in its execution capabilities.
- The company highlighted that the project supports India’s Atmanirbhar Bharat telecom initiative through indigenous 4G deployment.
- Management emphasized ITI’s successful delivery of earlier BSNL projects as the foundation for securing the latest expansion order.
- ITI reiterated its commitment to executing large-scale telecom infrastructure projects across the country.
Official Exchange Filing: ITI Limited
