Telecom ministry to re-evaluate GAIL AGR dues
Non-telecom PSU GAIL, which needs to cough up around Rs 1.83 lakh crore as adjusted gross revenue (AGR) dues, has written to the telecom ministry explaining how it miscalculated the gas utility firm’s telecom-related dues. Top officials from both sides will now meet next week to rectify the calculations.
Sources said that GAIL in a series of letters sent to the department of telecommunications (DoT) explained how the ministry miscalculated the AGR dues, to which the latter has agreed in-principle. Now, GAIL chairman and managing director Ashutosh Karnatak will meet DoT secretary Anshu Prakash next week to sort out the issue.
“GAIL’s dues are around Rs 1.83 lakh crore as sent by DoT. They calculated AGR dues of not just optical fibre, but also of the other business, which GAIL pointed out.
