Skipper Gets Orders Worth Rs 2,570 Cr For BSNL 4G Telecom Projects
Power company Skipper secured new orders worth Rs 2,570 crore from Bharat Sanchar Nigam (BSNL).
The contract is for the supply and erection of ground-based telecom towers, infrastructure as a service provider (IaaSP) for supply, installation of infrastructure items, and subsequent O&M for 5 years, extendable to 5 more years, in the uncovered villages of India under 4G saturation projects.
The total contract value awarded to Skipper under these projects is approximately Rs. 2,570 crores, which will be completed over a 5-year period using a Capex and Opex model. The works are to be executed in the states of Rajasthan and Orissa.
As part of the 4G saturation projects, telecom sites will be established to provide 4G connectivity in areas that are currently without any form of mobile communication or only have 2G or 3G connectivity.
The project will be executed using the home-grown 4G stack and will be funded through the Government of India's USOF (Universal Service Obligation Fund), which is a 55,000 Crores strong cash reserve meant for providing connectivity in rural and remote areas.
Commenting on the release, Sajan Kumar Bansal, Managing Director of Skipper said “We are glad that we are playing a crucial role and contributing our bit towards India’s infrastructure development and proud to be part of government's vision to provide mobile connectivity in rural areas. The project will promote the delivery of various e-government, banking, telemedicine, and telework services. Tele-education through mobile broadband and promote employment in rural areas”
“Our company is the largest manufacturer of Telecom Tower in India, Backed by our forte in executing projects for the Telecom sector; this is another significant win for us. Our large engineering capacity to support captive manufacturing of telecom structures and decades of experience in building Tower sites on a turnkey basis will vastly complement the execution of this prestigious project and will establish our company as a front runner in this domain”
He further added, “Going forward, the marketplace looks exciting and ripe with opportunities, and the company has a positive outlook based on strong traction in domestic telecom on account of future 4G up-gradation and 5G rollout to support high bandwidth requirements, which will draw more infrastructure Capex in the sector." Additionally, we are witnessing strong traction in Power T&D and Polymer market segments”.
