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Revival of MTNL

QA closed 22.0
Plain-language summary (AI-generated) — a quick read so you don't have to open the full PDF. May contain errors; the original document below is authoritative.

What was asked, and of whom?

The question asked by Shri Arvind Ganpat Sawant sought details on the revival measures for MTNL, including financial and administrative actions, funding, and future plans, addressed by the Ministry of Communications.

Who asked / answered

Shri Arvind Ganpat Sawant (asked), Ministry of Communications (answered)

What the government said

  • Restructuring of high cost debt through Sovereign Guarantee Bonds (SGB) of Rs. 24,071 crore
  • Funding of Voluntary Retirement Scheme (VRS) for Rs. 4,327 crore
  • Financial support of Rs. 3,657.05 crore for SGB interest payments
  • Transfer of operational activities to BSNL via service agreement
  • Monetisation of MTNL assets for liability payment
  • MTNL remained EBITDA-positive since FY 2020-21
  • EBITDA improved from Rs. 43 crore in FY 2023-24 to Rs. 437 crore in FY 2025-26
  • No new restructuring plan for MTNL in the near future

Points worth noting

  • MTNL's total liabilities are approx. Rs. 40,000 crore against non-core assets valued at approx. Rs. 50,000 crore
  • MTNL reported negative net profit for all years listed (2021-22 to 2025-26)
  • The government stated no new restructuring plan is being considered
Source bodyParliament of India — Questions & Answers (Lok Sabha, starred)
Reference numberLS Q42 (Session 8)
Statusclosed (section: question)
Year22.0
Closing date
Documents1

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Documents

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Question 22.07.2026 ls18s8-q42.pdf
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