Bharat Broadband Network Limited is a Special Purpose Vehicle set up under Companies Act by Government of India with an authorized capital of Rs. 1000 Cr. It has been mandated to create the National Optical Fiber Network (NOFN) in India. A total of around 2,50,000 Gram Panchayats spread over 6,600 Blocks and 641 Districts are to be covered by laying incremental fiber. The timeline for this ambitious project is two years. The project cost is estimated to be about 20,000 Cr which will be funded by the USO fund.
