⚠ BETA — all market data shown (deals, filings, prices, indices) is demo / illustrative, not live trading data. For evaluation only; verify before acting.
Creative Newtech Limited has announced it received an Advance Work Order (AWO) for the BharatNet Middle Mile Network Project within the Odisha Telecom Circle, valued at ₹3,194.83 crore. The company disclosed the order will contribute to expanding digital infrastructure across the region.
The project falls under the Government of India’s ambitious BharatNet initiative – a national mission aimed at connecting all Gram Panchayats (village councils) with high-speed broadband. This middle mile network specifically focuses on establishing the backbone connectivity between districts and blocks, enabling last-mile access for rural citizens. The Odisha circle represents a key region in this nationwide rollout.
Was this story helpful?
Creative Newtech stated the project is expected to support the delivery of crucial services like e-governance initiatives, remote education programs, telemedicine solutions, and facilitate growth for local businesses. Increased digital connectivity is widely seen as vital for economic development and improving quality of life in underserved areas.
Analysts have reacted positively to the announcement, citing the significant order value and its potential impact on Creative Newtech's revenue stream. The telecom infrastructure sector has been experiencing steady growth driven by increasing data consumption and government focus on digital inclusion. This contract strengthens Creative Newtech’s position within a competitive landscape – particularly as companies vie for contracts related to national infrastructure projects.
The company did not specify timelines for project completion or anticipated revenue recognition in its filing, but indicated further details would be provided as the project progresses.
This report was drafted automatically from an exchange filing and is pending editorial review.
What do you think of “Creative Newtech Bags ₹3,194 Crore BharatNet Work Order in Odisha”?