State-owned Bharat Broadband Nigam Ltd has cancelled a Rs 19,000-crore tender that was floated for connecting villages throughout 16 states with an optical fibre-based high-speed broadband community, following the dearth of participation of eligible bidders.
The undertaking was authorised in June final yr to roll out an optical fibre community below BharatInternet in 16 states in a public-private partnership mannequin with a complete expense of Rs 29,430 crore.
The Centre had authorised a viability hole fund of Rs 19,041 crore for the undertaking that aimed to attach 3.61 lakh villages throughout 16 states.
The undertaking was divided into 9 packages, and tenders for every of the packages have been floated individually.
For every of the 9 tenders, BBNL on February 8 mentioned the tender of the corresponding package deal “with all its corrigenda is hereby cancelled on account of non-participation by any bidder”.
An e-mail question despatched to BBNL elicited no response.
However, an official supply instructed PTI that there was participation from some corporations; bids have been evaluated; however the individuals did not qualify.
“The tender shall be floated once more after taking suggestions from the trade. The authorities is dedicated to connecting villages with broadband on the earliest,” the supply, who didn’t want to be named, mentioned.
The authorities opted for a public-private partnership after state-owned corporations confronted a number of points in expediting the initiatives and missed a number of deadlines.
The BharatInternet undertaking was authorised in 2011 because the National Optical Fibre Network with an intention to attach all 2.5 lakh panchayats with the optical fibre community by 2013.
The undertaking now has been prolonged to 2025 now.
According to official information, over 1.69 lakh village panchayats have been made service-ready for broadband companies below BharatInternet as of December 31, 2021.
(This story has not been edited by Business Standard employees and is auto-generated from a syndicated feed.)