HFCL Bags Order Worth Rs 283 Cr From Gujarat Metro

HFCL Limited has bagged a new order worth Rs 282.61 crores from Gujarat Metro Rail Corporation (GMRC). The company will be setting up telecommunication systems for the Surat Metro Rail Project Phase-I within ninety weeks from the date of the contract. 

This was declared by the company in an exchange filing on Wednesday. 

As part of the project, HFCL will be involved in the design, manufacture, supply, installation, testing and commissioning of telecommunication systems for Surat Metro Rail Project Phase-I.

As per official information, 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 has a proven track record of deploying communication networks for Mauritius Metro and the recently inaugurated ongoing project of Dhaka Metro in global markets. As part of the on-going projects, the company has recently won 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. 

The company is further integrating the communication networks for metros and mainline railways and implementing video management systems at 600 railway stations. It is also among one of the players to receive a mandate from Indian Railways for 5G trial between Palwal-Mathura sector of (82 km) Indian Railways.