Centre to sell MTNL’s asset worth ₹9,000 crore next fiscal
New Delhi: The government plans to put up for sale assets worth ₹9,000 crore of debt-ridden telecom company MTNL in the next 2027-28 fiscal year, official sources familiar with the development said on Friday.
The money will reduce the state-run telecom firm’s debt, estimated at ₹50,000 crore, including the sovereign bond guarantee.
“For the next fiscal year, 2027-28, the government has plans to monetise MTNL land assets worth ₹9,000 crore,” the source said.
