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BSNL puts 27 land parcels across 11 states on block for asset monetisation

In a major push to government’s asset monetisation programme, the state-run Bharat Sanchar Nigam Limited (BSNL) has put on block 27 land parcels across 11 states and Union Territories.

The record accessed by The Indian Express shows that these land parcels include telephone exchanges, vacant land, administrative buildings, and staff quarter compound etc. These are spread across Andhra Pradesh, Chhattisgarh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Puducherry, Punjab, Tamil Nadu, Uttar Pradesh, and West Bengal. The BSNL had invited bids for auction of land parcels in these states through e-tender followed by e-auction, vide a Request for Proposal (RFP) on May 16, 2024. Following this, a pre-bid virtual meeting for all the land parcels has been called on June 3, 2024. The combined reserve price of these 27 land parcels is pegged at Rs 476 crore.

In addition to these, the BSNL has also drawn a list of over 500 land parcels and buildings at various locations across several states, which it intends to sell in coming days, a source said. The combined area under these properties is pegged at around 1 crore square meters. Besides, Mahanagar Telephone Nigam Limited (MTNL), another state-run telecom operator, has also drawn up a list of properties to be offered for sale in Delhi and Mumbai. The move comes at a time when Union Telecom Secretary Neeraj Mittal has written to all secretaries and chief secretaries of ministries and govt departments urging them to ask Public Sector Undertakings (PSUs) and organisations under them to take benefit of “outright” sale of BSNL properties.

“Union Cabinet in 2019 has approved the revival plan of BSNL/MTNL which also includes monetisation (of) its surplus land/building assets. BSNL has an asset base spread over the country and MTNL has properties located in Delhi and Mumbai. Most of the properties are at prime locations. The properties are offered through outright sale to government departments/PSUs/ government organisations,” Mittal said in a letter sent on May 21.

He added that a dedicated website has been developed, which lists all the properties of the BSNL/MTNL available for sale. “I would, therefore, request you to issue instructions for wide publicity of the website in various departments/PSUs/organisations under your ministry. This would help government organisations, who are in need of such properties in availing benefits from the scheme of direct sale from PSU to government organisations,” he said.

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Indian Express

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