Gajendra Singh From Gail About Agr Dues

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GAIL about AGR Dues, AGR Dues sway is by all accounts for the most part on Vodafone Idea. Bharti Airtel is by one way or another ready to take care of its obligations. We as a whole realized that Telecom organizations have moved toward the preeminent court so as to see help from the Government. In any case, the Supreme Court has excused the request documented by the telcos and solicited them to satisfy the obligations from Rs 1.47 lakh cr by January 23. Just 7 days left for the cutoff time.

On the off chance that the Government doesn't consent to give help to Telcos, at that point especially Vodafone Idea should close its shop. This offers ascend to the duopolistic advertise which will be driven by Reliance Jio and Bharati Airtel.

Three open division organizations to be specific GAIL, Power Grid, and GNFC had telecom permit sooner or later. In this way, they may get a contribution explanation from the administration. Gajendra Singh the chief showcasing at GAIL and executive of IGL talked about AGR Dues and its effect on GAIL.

What have you heard from the Govt? How much you have to pay up as AGR dues?.

Gajendra ...
... Singh said "We have to check the materialness of Supreme Court choice in regards to the telecom. Sooner or later in time, we had a permit. Be that as it may, our permit was not offering types of assistance to the end-client. Fundamentally we use it our telecom frameworks for our capital prerequisite particularly for our constant pipeline checking."

The preeminent court choice on Telecom toward the beginning of December. It previously said that the organizations who have the telecom permit need to satisfy AGR obligations.

Do you have the conversation with the Government regarding AGR dues?

Truly, we have had the conversations with the Government to know how it is going to material for us.

Is it true that you are probably going to document an audit request with the Supreme Court? What will your following stage be?

We are dealing with this. We are making all the necessary strides in such manner, he said.

Are you expecting relief from the Government at least for PSU companies?

The obligation sum due for GAIL is Rs 1.7 lakh cr. On Govt alleviation he stated, we are of the view that AGR levy appropriateness isn't there for GAIL. We have not gotten any notification from the Department of Telecommunications (DoT).
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