PSU stock: BSNL and MTNL Raise Rs 12,984 Crore from Asset Monetization

New Delhi, March 13, 2025: PSU Telecom firms, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) have earned a total of Rs 12,984.86 crore from the monetisation of land, buildings, towers and fibre since 2019, Mentioned in the parliament.

According to the Minister of State for Communications Pemmasani Chandra Sekhar BSNL has earned Rs 2,387.82 crore and MTNL Rs 2,134.61 crore up to January 2025 from monetisation of lands and buildings, mentioned through the data in Lok Sabha.

"BSNL and MTNL are monetising only those land and building assets which are not required for their own use in the foreseeable future and for which it has the rights to transfer the ownership," Sekhar said in a written reply.

BSNL has earned Rs 8,204.18 crore and MTNL Rs 258.25 crore from monetisation of close assets comprising tower and fibre up to January 2025, as per the reply.

"Monetisation of assets is being done as per approved policy of the Government and its impact on the PSUs are being monitored closely," Sekhar said.

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