WCA May 2014

40 / 64

$3.3bn broadband contract
AKSH Optifibre Limited, the New Delhi-based manufacturer
of optical fibre, optical fibre cables and FRP rods, has been
awarded the contract for Package B of the National Optic
Fibre Network (NOFN) backbone project for supplying
optical fibre cables.
The project is aimed at connecting over 250,000
communities across the country and leads the charge
towards empowering the heart of the nation for better
e-governance, e-health services and better educational
services at the grass root level in India.
The project is scheduled to be completed by September
2015 and aims to provide high-speed broadband Internet to
all the 250,000 communities with speeds of up to 100 Mbps
to create a model of development and sow the seeds for an
e-revolution in the rural parts of the country.
The NOFN Project is being rolled out by Bharat Broadband
Network Limited (BBNL), the special purpose vehicle set up
under the Department Of Telecom.
BBNL has divided the project into six packages: East, West,
North, South, Central and Northeast, and separate bids
have been accepted for all the six zones. The total value of
this project has been set at $3.3 billion.
Mr Chetan Choudhari, managing director Aksh Optifibre Ltd,
said: “Aksh has always wanted to be a part of this
propitious project and NOFN is in-line with our company’s
ever growing commitment of creating a better and
connected world.
“This project should hopefully usher in a new wave of
opportunities for the people living in rural parts of India
giving them better access to governmental services,
healthcare and above all education to youngsters.”
Aksh Optifibre Limited – India
Website:
BC Power Controls goes
public with shares
The New Delhi wire and cable manufacturer BC Power
Controls is making a first issue of shares to the public.
The company, which plans to list on the SME platform of
BSE, will use the proceeds to meet working capital
requirements and other corporate purposes.
Incorporated in 2008, BC Power has a wide product range
that includes armoured cable, unarmoured cable, flexible
and house wires, submersible cable, and control and
instrumentation cable.
India
Insight
38 Wire & Cable ASIA – May/June 2014