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A company related to the digital technology sector has given an important information on Friday. The company said in the exchange filing that it has received a big order. The company has received this order from BSNL. The value of this order is Rs 1,625 crore. The company has received this order under the BharatNet project. The company said in the exchange filing that under this order, the company has received an order for 3 years of construction and 10 years of maintenance.

What is this project?
The company has stated in the exchange filing that the company has received the project from BSNL under BharatNet. It is bound under a general contract condition, which will work at the domestic level. Under this project, Sterlite will work to develop the network. Creation, upgradation, operation and maintenance will be done under this. This work will be done in Jammu and Kashmir. 3 years have been given for the construction of this project. Apart from this, Sterlite has also received 10 years of maintenance. Which will be for the first five years with 5.5 percent annual capex. After that, maintenance will be charged at the rate of 6.5 percent for the next five years. Share surge Despite the fall in the market, the news of getting the order has led to a surge in the stock of Sterlite. The stock of Sterlite company has registered a jump of more than 4 percent. At 10 am, the company's stock was trading at 127.12, up 5.12 points. Company History Sterlite Technologies Limited (formerly Sterlite Tech) is an Indian optical and digital technology company. Headquartered in Pune, it is listed on both the Bombay Stock Exchange and the National Stock Exchange of India. It holds 636 patents and is active in over 150 countries. The company specializes in optical networking, including optical fibers and cables, hyper-scale network design, deployment, and network software.

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