NEW DELHI: State-controlled Bharat Sanchar Nigam (
) has sought the Department of Telecommunications (DoT) intervention to waive off the Adjusted Gross Revenue (AGR) dues worth Rs 4,990 crore.
“The AGR impact on BSNL is minimal. We have asked the DoT to waive off the amount payable,” BSNL Chairman Pravin Kumar Purwar told ETT, and added that an equity infusion route could also be considered.
BSNL has to pay a license fee of Rs 2.099 crore and spectrum usage charge (SUC) worth Rs 2,890 crore to the DoT, following the Supreme Court verdict in October asking the mobile service providers as well as other entities having a telecom license to pay dues on account of AGR calculated on overall business.
Vodafone Idea and Bharti Airtel have a maximum exposure of nearly Rs 53,000 crore and Rs 35,000 crore respectively while newcomer Reliance Jio has a lowest liability of Rs 60 crore.
On December 13, the state-run telecom carrier has sent a letter to the telecom secretary asking to bring in reprieve on account of AGR outgo but the department is yet to take any decision.
The fourth-largest operator has posted a net loss of Rs 13,804 crore in FY 2019.
While the top court asked the companies to pay their outstanding within three months, private telcos such as Vodafone Idea, Bharti Airtel and Tata Teleservices have filed a review petition seeking waivers on interest and penalty as well as interest on penalty.
Other state-owned firms such as Delhi Metro Rail Corporation (DMRC), PowerGrid, Oil India and GAIL that together owe more than Rs 2 lakh crore as AGR dues, as per the apex court’s ruling are also expected to file a review petition since telecom being not their core business.
In October, the Prime Minister Narendra Modi-headed Cabinet has approved Rs 70,000 crore worth of revival package to the two ailing telecom companies— BSNL and Mahanagar Telephone Nigam Limited (MTNL).