Exicom Tele-Systems Secures Major Advance Purchase Order from Rail Vikas Nigam Ltd.
Exicom Tele-Systems Limited is pleased to announce that it has successfully secured an Advance Purchase Order (APO) valued at approximately INR 1412.48 Crores, exclusive of applicable taxes, for the BharatNet Phase III project in Uttar Pradesh. This project is being undertaken in collaboration with Rail Vikas Nigam Limited (RVNL), a key player in the development of telecom infrastructure under the BharatNet initiative.

The order comprises the supply of telecom equipment including power systems and racks. Additionally, Exicom will be responsible for maintaining these telecom equipment for a period of 10 years. This contract marks a significant step in the telecom infrastructure development within the Uttar Pradesh (East) and Uttar Pradesh (West) telecom circles.

Key Details of the Contract
As per the terms of the contract, the project will be executed over a period of three years for the supply of telecom equipment, followed by ten years of maintenance services. The total contract value is split into two parts: Capex (capital expenditure) of INR 1004.97 Crores and Opex (operating expenditure) of INR 407.51 Crores. The scope of work includes the deployment and upkeep of advanced telecom systems to support the BharatNet initiative, which aims to improve internet connectivity across rural and underserved areas in India.

No Related Party Transaction
The contract awarded to Exicom Tele-Systems by Rail Vikas Nigam Limited is entirely domestic and is not related to any related party transactions. The company has confirmed that none of the promoters, promoter group, or group companies have any interest in the entity awarding the contract. The agreement was concluded on standard terms, ensuring that the deal is at arm’s length.

This contract is a significant milestone for Exicom Tele-Systems, further reinforcing its capabilities in telecom equipment supply and maintenance services for large-scale government projects. The company’s strong commitment to the BharatNet initiative and its expertise in telecom solutions positions it well for continued success in the telecommunications sector.

Timeline and Future Outlook
The company aims to complete the material supply phase within three years, with the ongoing maintenance services stretching over the subsequent 10-year period. This large-scale project is expected to contribute significantly to the company’s growth in the coming years, particularly in the Indian telecom sector.

Exicom Tele-Systems continues to focus on delivering quality, reliable telecom solutions, aligning with the government's goals to bridge the digital divide and provide high-speed internet access to rural regions. The company’s efforts in maintaining and enhancing the telecom infrastructure will be crucial in supporting India's digital transformation journey.

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