(a) whether it is a fact that the MTNL and BSNL have invited bids for sale of assets worth Rs.310 crore and Rs.660 crore respectively as part of the Governmentâs proposal for monetization of assets of both the public sector firms worth Rs. 37,500 crore by the year 2022; and
(b) if so, the details thereof and for which the purpose this money is proposed to be utilized?
MINISTER OF STATE FOR COMMUNICATIONS
(SHRI DEVUSINH CHAUHAN)
(a) & (b) Bids have been invited for 2 properties of MTNL and 4 properties of BSNL worth Rs. 290.35 crore and Rs.670.98 crore respectively with the aim of servicing debt, investment in CAPEX and other requirements of BSNL and MTNL. The details are furnished as under:
SN Description of Asset Floor Price (in crores of Rs.)
MTNL
1. 20 Flats at Oshiwara, Mumbai 20.35
2. Vasari Hill, Mumbai 270.00
Total 290.35
BSNL
1. RTTC, Gachibowli, Hyderabad 401.82
2. RTTC Rajpura, Punjab 67.16
3. Staff Qtr, Bhavnagar, Gujarat 41.00
4. Madhyamgram, Kolkata 161.00
Total 670.98