Govt places on sale MTNL, BSNL belongings price about Rs 970 crore

The authorities has listed on the market actual property belongings of state-run telecom companies MTNL and BSNL at a reserve value of round Rs 970 crore, in response to paperwork uploaded on the DIPAM web site.
BSNL properties situated in Hyderabad, Chandigarh, Bhavnagar and Kolkata have been posted on the market at a reserve value of round Rs 660 crore.
The Department of Investment and Public Asset Management (DIPAM) web site has listed MTNL belongings situated in Vasari Hill, Goregaon in Mumbai on the market at a reserve value of round Rs 310 crore.
MTNL’s 20 flats situated in Oshiwara have additionally been put up on the market as a part of the asset monetisation plan of the corporate.
The flats embrace two models of 1-room set, 17 models of 1 bed room corridor and kitchen (BHK) and one unit of two BHK. Their reserve costs vary from Rs 52.26 lakh to Rs 1.59 crore.
The e-auction for MTNL belongings will happen on December 14.
The asset monetisation is a part of the Rs 69,000 crore revival scheme for MTNL and BSNL which was permitted by the federal government in October 2019.
Both the general public sector companies had been to determine and monetise belongings price Rs 37,500 crore by 2022.