GR Infraprojects Secures ₹1,257 Cr BSNL BharatNet Contract in Kerala

G R Infraprojects Limited has received an Advance Work Order (AWO) from Bharat Sanchar Nigam Limited (BSNL) on 5 May 2025. The order is for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under the BharatNet project in Kerala.

Project Value and Duration

The total contract value is ₹1,257.28 crore. The project will follow a Design, Build, Operate, and Transfer (DBOT) model. It includes a three-year execution period followed by seven years of operation and maintenance.

This work falls under Package No. 16 of Tender Enquiry No. MM/BNO&M/BN-III/T-791/2024, which was originally floated on 15 February 2024.

BharatNet Programme Context

The order is part of the Government of India’s BharatNet initiative, which plans to expand broadband infrastructure in rural and remote areas. BSNL is executing this programme on behalf of the Department of Telecommunications (DoT) in multiple telecom circles, including Kerala.

Company Disclosure

G R Infraprojects informed the stock exchanges about the award in a filing dated 5 May 2025, as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously disclosed its participation in the project in an announcement on 9 November 2024.

Read more: GR Infraprojects Executes Concession Agreement with NHAI for ₹4,263 Crore Greenfield Highway Project

Stock Movement

As of 12:29 PM on May 6, 2025, G R Infraprojects share price was trading at ₹1,081.40, up by ₹11.90 or 1.11%, but down 33.35% over the past six months and 21.06% over the past year.

Conclusion

The ₹1,257 crore order adds a telecom infrastructure project to G R Infraprojects’ order book. Execution will take place over a ten-year span, covering both build and maintenance phases for the BharatNet middle-mile network in Kerala.

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