Govt grants 5-year lifeline to Vodafone Idea; Freezes AGR dues at ₹87,695 crore
In a major relief for debt-laden Vodafone Idea (VIL), the Union Cabinet on Wednesday approved a significant restructuring of the company’s Adjusted Gross Revenue (AGR) dues. The decision provides a five-year moratorium on a critical payment of approximately ₹18,000 crore, which was originally due by March 31, 2026.
Under the new schedule, the dues pertaining to FY 2017-18 and FY 2018-19 will now be payable over a six-year window between FY 2025-26 and FY 2030-31. Sources told TNIE that no additional charges or penalties will be levied during this extended period.
