BSNL garners about ₹600 crore by monetising properties last fiscal

STATE-owned Bharat Sanchar Nigam Limited (BSNL) earned over 600 crore in the last financial year by monetising its underutilised properties nationwide.C

- RAKESH KUMAR

The telecom service provider sold a property worth ₹311.78 crore and earned ₹319.31 crore by renting other underutilised properties in the country.

According to DoT (Department of Telecommunication), its properties in Anna Nagar, Chennai, was sold to CBSE (Central Board of Secondary Education) and it paid the advance payment of 151 crore.

Similarly, its other property in Prayagraj was bought by the Indian Institute of Information Technology, Jhalwa.