Non-core asset monetisation: Govt invites bids to sell 6 BSNL, MTNL assets

Non-core asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal, tweets DIPAM Secretary

Kicking off the non-core asset sale exercise, the Department of Investment and Public Asset Management (DIPAM) has invited bids to sell six assets of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) through its new asset monetisation portal. 

“Non core (sic) asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal,” DIPAM Secretary Tuhin Kanta Pandey tweeted.

The government is planning to sell land parcels worth over Rs 600 crore in the first phase through the new online bidding platform, Business Standard had reported earlier. This will be the first