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BSNL's prime land holdings valued at Rs 65,000 cr: CMD Anupam Shrivastava

Previous evaluation estimated the firm's book value for all its assets to stand at Rs 975 cr

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Press Trust of India New Delhi
One-third of BSNL's prime land holdings is estimated to be worth Rs 65,000 crore now, way higher than the book value of Rs 975 crore for its entire land assets recorded decades ago, a senior company official said.

Bharat Sanchar Nigam (BSNL) had a 'book value' of Rs 975 crore for the 15,000-odd land and building assets it holds, Chairman and Managing Director Anupam Shrivastava said.

This valuation was arrived at decades back and in order to reflect a true picture, the company got a reassessment done using the 'fair value' method.

BSNL figured among the top loss making firms with a net loss