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This is an archive article published on November 21, 1999

State govt to join hands with Finolex, Enkay

MUMBAI, NOV 20: Finolex Cables Ltd and Enkay Telecom have offered to the Maharashtra Government to become equity partners in the state's ...

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MUMBAI, NOV 20: Finolex Cables Ltd and Enkay Telecom have offered to the Maharashtra Government to become equity partners in the state’s efforts at networking the entire state. “Finolex and Enkay has offered equity participation in the venture to lay ducts and cables, initially along the Mumbai-Pune expressway to provide connectivity to various internet service providers, educational institutions and government and semi-government bodies,” Finolex said in a statement here today.

The venture will endeavour to connect the entire state through the Mumbai-Nashik, Mumbai-Nagpur and other such highways to cater to the huge demand for connectivity, the statement said.

Chairmen of both companies have already discussed with Chief Minister Vilasrao Deshmukh the proposal that envisaged investments of Rs 300 crore.

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