BSNL in talks with CBSE for sale of land parcels; eyes Rs 300 cr from asset monetisation in FY20

NEW DELHI: State-owned Bharat Sanchar Nigam Ltd (BSNL) has initiated discussions with the Central Board of Secondary Education and others for sale of specific land parcels, as it sets the ball rolling on asset monetisation plans that could yield Rs 300 crore this fiscal, according to a senior government official.

Moreover, the Telecom Department has sounded out Ministry of Finance about BSNL’s plans to issue sovereign guarantee bonds, and these could be floated as early as February, once the requisite approvals come in