Vodafone Idea files review plea in SC on AGR calculation errors

Vodafone Idea on Tuesday filed a plea seeking review of the Supreme Court’s July 23 order that rejected its request for rectification of arithmetical errors in calculation of its AGR dues by the Department of Telecommunications (DoT).

The company reiterated in its review plea that the calculations made by DoT had errors like double counting, not considering payments already made, not adjusting for interconnect payments etc. It said the excess demand due to these errors is to the tune of Rs 5,932 crore of the principal amount, which would have an overall impact of over four times on the total principal amount due to imposition of interest, penalty and interest on penalty.