Sterlite Tech says BSNL’s outstanding dues now below ₹100 cr

Data network solutions provider Sterlite Technologies’ receivables from BSNL has come down to less than ₹100 crore now, and the company is hopeful that substantial part of pending dues will be cleared by the state-owned telco this year, Group CEO Anand Agarwal said.

The dues from Bharat Sanchar Nigam Ltd (BSNL) were close to ₹230 crore at the end of 2018.

“Our dues from BSNL have come down to below ₹100 crore now…and we believe a large part of it should get paid off within the current calendar year. At one point of time…end of 2018, it was ₹220-230 crore,” Agarwal told PTI.