Tera Software Limited, along with ITI Limited, has received an Advance Work Order (AWO) for work under the BharatNet Project. The order covers the development of the Middle Mile Network for Package No. 15, which includes the states of Arunachal Pradesh, Nagaland, and Manipur.
As of 12:14 PM on May 7, 2025, Tera Software share price was trading at ₹215.98, up 2.00% for the day, with a 111.79% rise over the past six months and a 353.74% gain over the past year.
The total value of the contract is ₹1,901.10 crore. The scope of work includes the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile digital network in these three northeastern states.
The project is part of BharatNet Phase-3 and will be executed using a Design-Build-Operate-Maintain (DBOM) model. BharatNet Phase-3 is aimed at providing broadband connectivity to 2.5 lakh Gram Panchayats across India. The initiative falls under the Digital Bharat Nidhi (DBN) scheme.
The consortium is led by ITI Limited, a public sector company under the Department of Telecommunications. Tera Software is part of the consortium. This order builds on earlier BharatNet-related projects secured by the same consortium.
Read More: How BharatNet is Transforming Rural Connectivity in India?
With the addition of this contract, the total value of orders awarded to the Tera Software–ITI Limited consortium by Bharat Sanchar Nigam Limited (BSNL) has reached ₹7,005 crore.
The update was shared with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on May 6, 2025, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The ₹1,901 crore contract covers network work in Arunachal Pradesh, Nagaland, and Manipur. It adds to the ongoing projects being carried out under BharatNet to improve digital infrastructure across rural India.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 7, 2025, 2:20 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
