IOL Netcom gets LoI for Rs 50 cr order from PGCIL

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New Delhi, May 29: IOL Netcom Ltd today said it has received a Letter of Intent (LoI) for a contract worth Rs 50 crore from Power Grid Corporation of India Ltd (PGCIL) to provide last mile connectivity in five cities of the country. The contract involves providing last mile connectivity to over 6,000 members of the National Stock Exchange (NSE) in Mumbai, Delhi, Kolkata, Chennai and Ahmedabad, the company said in a statement.


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