BSNL gets Rs 7.7 billion from BBNL to clear dues of BharatNet vendors

Bharat Broadband Network Limited (BBNL) has paid around Rs 7.7 billion to Bharat Sanchar Nigam Limited (BSNL) for clearing dues of vendors engaged in the BharatNet project.

The state-run telco had recently requested BBNL to provide Rs 10.33 billion as an advance to clear the pending liabilities of vendors.

This included liabilities worth Rs 7.16 billion of vendors working in the Uttar Pradesh East and Madhya Pradesh circles along with telecom factory liabilities worth Rs 400 million.