Govt approves Rs 6,982 crore for BSNL capex in 2025 
News Updates

Govt approves Rs 6,982 crore for BSNL capex in 2025

The Government has approved Rs 6,982 crore as additional capex support for BSNL in 2025, Parliament was informed on Thursday

PSU Watch Bureau

New Delhi: The Government has approved Rs 6,982 crore as additional capex support for BSNL in 2025, Parliament was informed on Thursday.

The approval for capex is in addition to the support of Rs 3.22 lakh crore given to the state run telecom firm in various tranches, starting with Rs 69,000 crore revival package in 2019, Rs 1.64 Lakh crore in 2022 and allotment of 4G and 5G spectrum worth Rs 89,000 crore in 2023, Minister of State for telecom Pemmasani Chandrasekhar said in the Rajya Sabha.

PSU Watch is now on Whatsapp Channels. Click here to join

"In 2025, an additional amount of Rs 6,982 crore has been approved as additional Capex support for the rollout of 4G network by BSNL across the country," Pemmasani said in a written reply.

As of July 31, BSNL has installed a total of 96,300 sites for 4G services, and 91,281 sites are on-air.

The minister said that due to the revival packages, BSNL has started earning operating profits from FY 2020-21.

"BSNL has earned net profit of Rs 262 crore and Rs 280 crore in quarters 3 and 4 of Financial Year 2024-25, respectively," the minister said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Priya Ranjan set to be next Director in-charge of SAIL's Bokaro Steel Plant

PM Modi inaugurates 1st unit of SJVN’s 1,320 MW Buxar Thermal Power Project in Bihar

Defence Secretary launches GRSE’s ‘GAINS 2025’ to boost shipbuilding innovation

Peak power demand unlikely to touch projected 277 GW level on intermittent rains: CEA Chairman

IDBI stake sale likely to be completed this fiscal: DIPAM Secretary