HFCL bags Rs 282.61 cr deal from Gujarat Metro Rail Corporation to deploy telecoms systems
Homegrown telecom gear maker HFCL on Wednesday said the company has won a deal of Rs 282.61 crores from the Gujarat Metro Rail Corporation Limited (GMRCL).
HFCL, under the deal, will be setting up telecommunication systems for the Surat Metro Rail Project Phase-I within ninety weeks from the date of the contract.
As part of the project, HFCL will be involved in the design, manufacture, supply, installation, testing and commissioning of telecommunication systems for the Surat Metro Rail Project Phase-I.
“India has the fifth-largest metro system in the world and is soon expected to have the third-largest network surpassing advanced economies like Japan and South Korea. HFCL is well-positioned to expand its railway capacities in India with its proven track record of deploying communication networks for Mauritius Metro and the recently inaugurated ongoing project of Dhaka Metro in global markets,” the company said in a statement.
It added that as part of the on-going projects, the company has recently also won the Kanpur-Agra metro rail projects to integrate communication networks and is currently implementing telecom networks for seven greenfield dedicated freight corridor projects for Indian Railways.
HFCL is further integrating communication networks for metros & mainline railways and implementing video management systems at nearly 600 railway stations. HFCL is also among the players to receive a mandate from Indian Railways for a 5G trial between Palwal-Mathura sector of (82 km) Indian Railways, according to the statement.