Creative Newtech Secures ₹3,194 Crore BSNL Project in Odisha

TECHNOLOGY
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AuthorIshaan Verma|Published at:
Creative Newtech Secures ₹3,194 Crore BSNL Project in Odisha
Overview

Creative Newtech Ltd. has received a significant Advance Work Order worth ₹3,194.83 crore from BSNL for the BharatNet Middle Mile Network in Odisha. This project marks a strategic move into large-scale public sector tech infrastructure.

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Creative Newtech Ltd. Awarded ₹3,194 Crore BSNL Project

₹3,194.83 crore Total Project Value 3 years Expected Timeline Reader Takeaway: Landmark government order offers revenue visibility; execution and contract finalization are key watch points. ## What just happened Creative Newtech Limited, as part of a consortium, has been issued an Advance Work Order (AWO) by Bharat Sanchar Nigam Limited (BSNL). The project, valued at ₹3,194.83 crore, is for the BharatNet Middle Mile Network in the Odisha Telecom Circle. The scope includes design, supply, construction, installation, upgradation, and operation & maintenance over an approximate 3-year timeline. ## Why this matters This order signifies a major strategic pivot for Creative Newtech, moving beyond its core distribution business into large-scale public sector technology infrastructure deployment and long-term managed services. It aligns with the company's stated roadmap to enhance capabilities in AI, IoT, and data center infrastructure, leveraging its technology ecosystem. The substantial order value provides significant revenue visibility and boosts the company's order book considerably. The long-term engagement through operations and maintenance also points towards potential recurring revenue streams, a positive for long-term value creation. ## The backstory Creative Newtech has historically focused on distribution business. This project represents a significant expansion into a new segment of large-scale government technology projects. ## What changes now The company is set to transition into a role that involves not just technology solutions but also the complex execution of infrastructure projects and their subsequent long-term management. ## Risks to watch The Advance Work Order is conditional. Creative Newtech and its partner must submit unconditional acceptance, provide requisite Performance Security, and execute definitive agreements. Furthermore, progress is contingent on BSNL issuing route-wise Work Orders as per tender terms. ## Peer comparison While specific peer performance on similar large-scale government telecom infrastructure projects varies, this order positions Creative Newtech against established players in the telecom infrastructure deployment and managed services space. ## Context metrics (time-bound) The project is expected to be completed and operational over an approximate 3-year timeline. The total value of the order is ₹3,194.83 crore. ## What to track next Investors will be keen to monitor the finalization of definitive agreements, the submission of performance security, and the issuance of route-wise work orders. Successful execution of the project and the subsequent operational phase will be crucial for realizing the full value of this contract.

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