BSNL requests DoT to waive Rs 49.9 billion worth AGR dues

Bharat Sanchar Nigam (BSNL) has requested the Department of telecommunications (DoT) to waive off the adjusted gross revenue (AGR) dues worth Rs 49.9 billion. BSNL has suggested the government to consider the equity infusion route for the same.

The PSU has recently received Rs 700 billion bailout package from the government.

BSNL has license fee due worth Rs 20.99 billion and spectrum usage charge (SUC) worth Rs 28.90 billion to the DoT and has posted a net loss of Rs 138.04 billion in FY 2019.