ITI, a multi-unit central public sector undertaking in the telecommunications manufacturing segment has bagged one of the two packages of BharatNet Phase II Tender of Gujarat issued by 'Gujarat Fiber Grid Network (GFGNL)'.

As part of BharatNet Phase II project, GFGNL aims to connect nearly 7500 Gram Panchayats to Blocks through underground optical fiber and extend Broadband connectivity to all the Gram Panchayats using Gigabit Passive Optical Network (GPON) and other suitable electronic equipment.

ITI has won Package A of the tender with a bid value of Rs 16.12 billion. The work includes supply of optical fiber, HDPE duct, trenching and laying of fiber, extending broadband from state headquarters through optical transport network equipment up to block level and extending from block to Gram Panchayats using Optical Line Terminals (OLT) and Optical Network Terminals (ONT). The Package A also includes setting up of Network Management System (NMS) at Ahmedabad to manage both Package A and Package B network elements, including fiber management, GIS, ERP etc. and connecting the NMS to the BBNL’s central NMS at Bangalore.

K Alagesan, Chairman and Managing Director of ITI, said, ''Under BharatNet Phase 2, the GFGNL Package A will be a value addition to ITI's order book. We are very excited to implement BharatNet Phase 2 for Rest of Gujarat (Package A) order by deploying GPON for Gujarat Fibre Grid Network.''

Shares of the company gained Rs 2.5, or 3.32%, to trade at Rs 77.90. The total volume of shares traded was 78,465 at the BSE (10.40 a.m., Wednesday).