HFCL Secures ₹2,167 Crore Order; Zaggle Partners with Siemens for Rewards Program

HFCL Limited – Order from Rail Vikas Nigam Limited (RVNL)

• Order Value: Advance Purchase Orders (APOs) worth approximately INR 2,167.65 Crores.
• Scope: Supply of Optical Fiber Cables, Telecom Equipment, and related accessories, along with 10 years of maintenance, including a 1-year warranty period.
• Project: Part of BharatNet Phase III in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles.
• Order Type: Domestic.
• Timeline:
  • 3 years for material supply.
  • 10 years for annual maintenance, including the 1-year warranty.
• Cost Breakdown:
  • Capex: Approx. INR 1,736.83 Crores.
  • Opex: Approx. INR 430.82 Crores.

Zaggle Prepaid Ocean Services Limited – Order from Siemens Limited

• Order Details: Agreement for providing the Zaggle Propel reward program to Siemens Limited employees.
• Order Type: Domestic.
• Nature: Framework agreement.
• Execution Period: 3 years.
• Monetary Value: Not explicitly stated; involves providing reward services under the Zaggle Propel program.