Published On:January 23 2014
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Rollout of national optic fibre network delayed yet again.
India's ambitious Rs. 21,000-crore national broadband venture is set for another delay. The communications ministry is likely to miss the revised rollout targets of the venture with Bharat Sanchar Nigam , Power Grid Corporation of India and RailTel failing to award nearly Rs. 6,000 crore of cable laying & trenching (C&T) contracts for the first phase.
Cable laying and trenching is the most expensive piece of the countrywide broadband rollout, popularly known as the national optic fibre network (NOFN) venture that will take superfast internet to the hinterlands.
Staterun BSNL, PowerGrid and RailTel have been mandated to handle cable laying and trenching responsibilities in the 70:15:15 ratio, and the final value of the contracts will be over Rs. 11,000 crore.
TOI