DoT revises demand from Power Grid to ₹13,614 crore

NEW DELHI : The Department of Telecommunications (DoT) has revised the dues it sought from Power Grid Corp of India Ltd for license fee for the financial years 2006-10 to Rs. 13,613.66 crore, the company said in a filing with exchanges.

“This is to inform that Department of Telecommunication vide its revised assessment order dated 22.05.2020 in respect of NLD (national long distance) license for the FYs 2006-07 to 2009-10 has asked Power Grid to pay ₹13,613.66 crore on account of License Fee…,” the company said on Thursday.

The dues pertain to the Supreme Court’s order on October 24, where it had ruled that non-telecom revenues earned by firms using spectrum or airwaves allocated by the government will be considered for calculating statutory dues.

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