Power Grid Corporation receives revised license bill of Rs 13,614 crore from DoT

Power Grid Corporation of India (PGCIL) has received a revised claim of Rs 13,614 crore from the Department…

Power Grid Corporation of India (PGCIL) has received a revised claim of Rs 13,614 crore from the Department of Telecommunications (DoT) as national long distance license fees for the period spanning FY07 to FY10.

This is a reduced bill, compare to the Rs 22,000 crore fee previously demanded by the Department, says a report by The Economic Times.

The state-run power utility had approached the Supreme Court in January challenging the Rs 22,000 crore claim as revenue from its telecom business accounts for only 2 percent of turnover.

The higher bill had come as the apex court in October 2019 ruled that non-telecom revenues of telecos (Vodafone Idea, Bharti Airtel) should be included in government fee calculations. Following this, DoT sought additional licensing fees from non-telcos such as PCGIL and GAIL as well.

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