Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

MTNL begins Rs 23,000 cr asset monetisation through DIPAM

Friday, 03 Jan 2020
Share this on :
The Mahanagar Telephone Nigam (MTNL) has commenced the process to monetise assets worth Rs 23,000 crore as it aims to turn profitable in FY21.

The company has already submitted plans to the Department of Investment and Public Asset Management (DIPAM) to monetise Rs 6,200 crore worth assets that include 36 acre of land bank in Mumbai, shops-cum-offices in Delhi, and residential quarters in Noida, etc.

MTNL is aiming for around Rs 7,000 crore in 2020-21 through real estate asset monetisation, which as a part of revival plan will be used for debt restructuring as well as modernisation.

The company looks to realise around Rs 5,000 crore from the sale of its land parcels located at prime locations of Mumbai like Vasai Hill, Mulund and Simpholi. MTNL has assets at all prime locations. Residential as well as commercial complexes can be developed on these properties.

Around Rs 1,000 crore worth assets have been initiated for monetisation in Delhi also. MTNL shops-cum-office complexes in seven DDA markets in Delhi, along with 96 quarters in Noida and 398 quarters purchased by MTNL in various housing complexes in Mumbai, are also going to be for monetisation in Phase-I.

The company has started vacating prime office space Khurshid Lal at Janpath and also some parts of its corporate office in CGO building. The government has approved Rs 68,751 crore revival package for Bharat Sanchar Nigam (BSNL) and MTNL, including 4G spectrum allocation and voluntary retirement scheme.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services