Date:26/12/2006 URL: http://www.thehindu.com/2006/12/26/stories/2006122603251800.htm

Business - Briefly

BSNL to float tender for submarine cable

NEW DELHI: BSNL and MTNL will jointly invest Rs. 1,800-2,000 crore for laying an undersea cable between India and Singapore. The two companies have hired a consultant to prepare a blueprint for the project and a Rs. 2,000-crore tender is likely to be floated by March next year, PTI reports quoting a senior BSNL official.