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BSNL will sell assets worth Rs 14,000 crore

Bijaya Laxmi by Bijaya Laxmi
September 23, 2020
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BSNL will sell assets worth Rs 14,000 crore
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New Delhi: BSNL, the country’s state-owned telecom company, is going through a financial crisis The company plans to sell assets worth Rs 14,000 crore to raise funds. In addition, the company has raised more than Rs 4,500 crore by issuing a guarantee bond.

It is learned that the government had approved a Rs 6,500 crore guarantee bond for the restoration of the BSNL company. BSNL chairman PK Purwar said the company was planning to sell assets worth Rs 14,000 crore during the year. “We have received bids of more than Rs 18,170 crore, but we have received only Rs 4,500 crore as per its approved size,” he said. “

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