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Government to sell MTNL, BSNL assets worth about Rs 1,100 crore – Government will sell mtnl bsnl assets worth about Rs 1100 crore

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Government to sell MTNL, BSNL assets worth about Rs 1,100 crore – Government will sell mtnl bsnl assets worth about Rs 1100 crore

New Delhi, Nov 20 (PTI) According to documents uploaded on the website of the Department of Investment and Public Asset Management (DIPAM), the government has allowed the sale of immovable properties of public sector telecom companies MTNL and BSNL at a reserve price of about Rs 1,100 crore. listed for.

BSNL’s properties are located in Hyderabad, Chandigarh, Bhavnagar and Kolkata, and have a reserve price of Rs 800 crore for sale.

MTNL properties located at Vasari Hill, Goregaon, Mumbai have been listed for sale on the DIPAM website at a reserve price of approximately Rs 270 crore.

Similarly, 20 flats of MTNL located in Oshiwara have also been put up for sale as part of the company’s asset monetization plan. Their reserve price ranges from Rs 52.26 lakh to Rs 1.59 crore.

The e-auction of MTNL properties will be held on December 14.

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