WCA May 2014

India

Insight

$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. 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.”

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

Aksh Optifibre Limited – India Website : www.akshoptifibre.com 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.

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Wire & Cable ASIA – May/June 2014