HFCL Limited has announced that it has bagged a purchase order worth Rs 670 million for the supply of optical fibre cables (OFC) to one of the domestic telecom service providers (TSPs) in India.
The order has been provided to HTL Limited, a subsidiary company of HFCL and it will contain various types of OFCs as per the specifications provided by the customer.
The contract is expected to be executed by April 2024. Further, according to the HFCL, the order will not fall within the related party transactions, making it a legal order.
