OIL & GAS

PSUs owe Rs 2.65-lakh cr AGR dues to DoT: MoS

Five public sector undertakings (PSUs) owe the Department of Telecommunications (DoT) 99% of the total Rs 2.65 lakh crore as dues on the basis of adjusted gross revenue (AGR), minister of state for telecom and IT Sanjay Dhotre told the Lok Sabha on Wednesday.

GAIL India accounts for around 65% of the total Rs 2.65 lakh crore that 10 PSUs owe the DoT, said Dhotre.

The overall demands include Rs 1,72,655.73 crore from GAIL India, Rs 48,489.26 crore from Oil India, Rs 22,062.65 crore from Powergrid Corporation of India, Rs 15,019.97 crore from Gujarat Narmada Valley Fertilizers and Chemicals and Rs 5,481.52 crore from DMRC.

Source
ET Energy World
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