ITI has received purchase order for executing the RajNet project from RajCOMP Info Services, a Govt. of Rajasthan undertaking, for establishing approx. 40,000 outdoor Wi-Fi access points in the state of Rajasthan with an order value of approx. Rs 3.34 billion on rate contract basis.

The project envisages supply, installation and maintenance of approx. 40000 outdoor Wi-Fi access points along with associated RF Radio equipments in a period of six months followed by operations and maintenance of the network for a period of five years.

Shares of the company declined Rs 1, or 1.26%, to trade at Rs 78.30. The total volume of shares traded was 78,739 at the BSE (9.59 a.m., Thursday).