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DoT asks BSNL to put all capex and tenders on hold

June 26, 2019
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The Department of Telecommunications (DoT) has reportedly directed Bharat Sanchar Nigam Limited (BSNL) to put all tenders and purchase orders on hold, as the company is facing a financial crisis.

BSNL’s finance department has received the direction to put all capital expenditure on hold from DoT’s finance wing.

To this end, BSNL’s finance department has issued an order instructing its circle heads to take prior approval from its corporate office located in Delhi before floating new tenders for capital expenditure. Besides, the order has also asked BSNL officials to put in abeyance advance purchase orders, and purchase orders of tenders already finalised, till further instruction.

 
 
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