Mayurbhanj : Union Minister Mr. Ashwini Vaishnaw and Member of Parliament Balasore Mr. Pratap Sarangi recently visited the Mamtapal Village in Mayurbhanja District, Odisha, to lay the foundation stone for the 4G Saturation project site. In a noteworthy update, Skipper Limited (BSE: 538562, NSE Symbol: SKIPPER), a global leader in Power Transmission & Distribution structures and a significant manufacturer of Telecom and Railway structures, shared the news. The visit included senior government officials and representatives from BSNL and Skipper Limited.
In December 2022, BSNL awarded a contract to Skipper Limited for the Supply and Erection of Ground Based Telecom Towers, serving as the Infrastructure as a Service Provider (IaaSP). The contract encompasses the supply and installation of Infrastructure Items, along with subsequent Operation and Maintenance (O&M) for a period of 5 years, extendable to an additional 5 years. This initiative aims to provide 4G saturation in uncovered villages across India. The total contract value for Skipper under these projects amounts to approximately Rs. 2,570 crores, to be executed under a combination of capital expenditure (capex) and operating expenditure (opex) models over 5 years. The project spans the states of Rajasthan (Rs. 1,350 Crores) and Odisha (Rs. 1,220 Crores) and involves the development of around 3,350 tower location sites.
Expressing his thoughts on the development, Mr. Sharan Bansal, Director of Skipper Limited, stated, “We are pleased to have Mr. Ashwini Vaishnaw Ji and Mr. Pratap Sarangi Ji for the foundation stone laying ceremony in Mayurbhanja. It’s a source of pride for us to actively contribute to the government’s vision of extending mobile connectivity in rural areas. The 4G Saturation project is poised to facilitate the delivery of various e-governance services, banking services, telemedicine, teleeducation, etc., through mobile broadband, thereby fostering employment opportunities in rural areas.”
Highlighting Skipper’s significant role in the telecom sector, Mr. Bansal added, “Skipper is among the largest manufacturers of Telecom Towers in India, and we are making remarkable progress in completing the project in both Odisha and Rajasthan. Our substantial engineering capacity, coupled with decades of experience in turnkey tower site construction, synergistically aligns with the execution of this prestigious project. It positions our company as a frontrunner in this domain. Looking ahead, the market appears promising, presenting numerous opportunities. The company holds a positive outlook, fueled by strong momentum in the domestic telecom sector due to the impending 5G rollout and a dynamic domestic and international Transmission & Distribution (T&D) industry driven by a surge in renewable energy generation.”