Business Standard

Tuesday, December 24, 2024 | 04:14 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Pay Rs 13,613 crore as licence fee for 4 years: DoT to PowerGrid

The DoT also raised a demand of over Rs 3 trillion from non-telecom PSUs such as GAIL, Oil India

Non-compete fee: The debate goes on
Premium

PowerGrid holds NLD and Internet Service Provider (ISP) licences

Agencies New Delhi
State-run transmission utility Power Grid on Thursday said the Department of Telecommunications has raised a demand of Rs 13,613.66 crore as licence fee for years 2006-07 to 2009-10.
 
“Department of Telecommunication vide its revised Assessment order dated May 22, 2020 in respect of NLD (National Long Distance)licence for the FYs 2006-07 to 2009-10 has asked POWERGRID to pay Rs 13,613.66 crore on account of License Fee for the FYs 2006-07 to 2009-10, interest, penalty and interest on penalty," a regulatory filing by the company said.
 
The Supreme Court’s ruling in October last year led the DoT to demand Rs 1.47

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in