HFCL bags two work orders amounting to Rs 734 million

As per a regulatory filing, Himachal Futuristic Communications Limited (HFCL) has bagged purchase orders worth Rs 734 million from a leading private telecom operator, and an engineering, procurement and construction (EPC) player.

Providing further detail regarding the work order, HFCL notes that the order for the private telco is worth Rs 511 million for the supply of unlicensed band radios (UBRs) and accessories, while the order with the EPC player is worth Rs 223 million for the supply of optical fibre cables (OFCs).

The company expects the OFC deal to be completed by June 2022, while the telco deal is expected to be completed by September 2022.