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Avantel Limited secures Rs 117.88 crore contract from DRDO for communication hub development
29-Aug-2026, 04:50
Avantel Limited announced it has received a contract from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India, for the development, installation, and commissioning of a Ground Segment Hub for voice & data communication, valued at Rs 117.88 Crores (inclusive of applicable taxes), with an execution deadline of February 2029. The contract, dated August 29, 2026, includes a 36-month warranty period and is considered a domestic order, with no related-party interest involved.