BSNL, MTNL and Other Telecom PSU to Spend Rs. 6,464 Crore This Fiscal Year

Advertisement
By Press Trust of India | Updated: 14 July 2014 16:20 IST
Government has set a total expenditure target of Rs. 6,463.65 crore for telecom public sector units, including BSNL, MTNL, ITI, C-DoT and TCIL, this fiscal.

"The provisioned amount will be part of fresh capital expenditure that we will have to make in increasing our asset which includes network expansion and upgradation," a top official of a state-run telecom operator told PTI.

The government has earmarked Internal and Extra Budgetary Resources (IEBR) for BSNL at Rs. 5,132.19 crore, MTNL Rs. 808.46 crore, telecom product manufacturing unit ITI at Rs. 461 crore, research unit Centre for Development of Telematics (C-DoT) at Rs. 60 crore, Rs. 1 crore each for HPIL and Telecommunications Consultant India Limited (TCIL), according to an official document.

Advertisement

Separately, BSNL will get Rs. 100 crore as refund of upfront charges paid for spectrum to BSNL on surrender of Broadband Wireless Access (BWA) spectrum from government.

In addition to this, government has earmarked Rs. 2,760 crore for laying out optical fibre based network for Defence Services. The project is being managed by BSNL. The target date for completion of network for defence is June 2015 but it is likely to get delayed.

Advertisement

BSNL last month issued advance purchase order of around Rs. 8,678 crore for 10 year contract to five companies for supplying and deploying optical fibres for the communication network of defence forces.

Government has allocated Rs. 461 crore to loss making Indian Telephone Industries (ITI) Limited for revival.

Advertisement

The government has transferred Rs. 3,537 crore to Universal Service Obligation Fund (USOF) which is used for increasing telecom service penetration in rural.

The National Optical Fibre Network, under which all 2.5 lakh village panchayats are to be connected with high speed broadband services, is being funded through USOF. The government has set target to connect 50,000 gram panchayats by broadband this fiscal and all 2.5 lakh by end of March 2017.

Advertisement

Allocation of Rs. 1 crore made to Hemisphere Properties India limited (HPIL) indicates progress in resolving surplus land issue of VSNL, now Tata Communications. In 2005, the Cabinet had approved special purpose vehicle, HPIL, to execute the transaction related to the surplus VSNL land.

Tata Communications had acquired the PSU in 2002, but the deal did not include 773.13 acres of land assets owned by VSNL, which have been lying unused following the acquisition.

Government has to provide Rs. 2 crore loan to HPIL for hiring a consultant that has to work on procedures for hiving off the land.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. How to Watch the FIFA World Cup 2026 Final Live Stream in India
  2. Here's How Much the iQOO Z11 Lite Could Cost in India
  1. Redmi Note 17 Pro Global Variant Reportedly Appears on NBD Database Alongside Poco Model
  2. Google Pixel 11a Codename Reportedly Spotted in Phone App
  3. Huawei Mate XT 2 Leaked Patent Reveals New Tri-Fold Design and Folding Mechanism
  4. Airtel Unlimited 5G Data Subscribers Reportedly Cannot Share 5G Data via Mobile Hotspot: Here's What We Know So Far
  5. Lenovo Legion C700 Teased as a Cloud Gaming Handheld Ahead of August Launch
  6. Marvel's Wolverine Gets New Trailer That Will Play Ahead of Christopher Nolan's The Odyssey in Select Theatres
  7. Airtel Quietly Removes Rs. 549 Individual Postpaid Plan in India; Rs. 699 Plan Becomes Next Upgrade
  8. Poco M8 Power, Poco X8 India Launch Timeline Tipped; Could Arrive as Rebranded Redmi Note 17 Series
  9. Samsung Galaxy S25 Series Could Get Galaxy S26’s Horizontal Lock Camera Feature With One UI 9 Update
  10. Asus Pad India Launch Date Announced as Company Reveals Key Specifications
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.