DoT clears Rs 1,500 crore for BSNL, BBNL to pay vendor dues

NEW DELHI: BSNL and Bharat Broadband Network Ltd have lastly began paying their outstandings to distributors and contractors for the second part of BharatWeb initiative to supply broadband web in all gram panchayats, after receiving Rs 1,500 crore from the telecom division.

DoT final week launched Rs 750 crore every to them from the Rs 50,000-crore Universal Service Obligation Fund, an official instructed ET.

BSNL has already cleared greater than Rs 300 crore to distributors and contractors on account of BharatWeb-II, the individual stated on situation of anonymity. The two firms have additionally disbursed payable quantities to some circles together with Uttar Pradesh (East) and Madhya Pradesh, the individual stated.

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