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HFCL Secures ₹2,666 Crore RVNL BharatNet Phase-III Contract


17 June 2026
HFCL Ltd.

HFCL secured a ₹2,666.09 crore contract from RVNL for BharatNet Phase-III in Uttar Pradesh. The project involves network creation (₹1,192.82 Cr Capex) and 10-year maintenance (₹1,473.27 Cr Opex). This major win follows a previous ₹2,167 crore award, significantly boosting long-term revenue visibility.


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