Management of Bank Guarantees:-
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One of the major reforms under Telecom Reforms 2021 was Bank Guarantee Reforms which included rationalization of BGs submitted by TSPs/ operators. Subsequently, O/o CGCA was made the Bank Guarantee Management Office (BGMO) for the centralized licenses and was also given the task to rationalize the Bank Guarantees of TSPs like Reliance Jio, Bharti Airtel, Vodafone Idea, BSNL etc.
Accordingly, Revenue Section, CGCA rationalized the BGs of all the TSPs which are categorized as centralized licenses. The details of the Bank Guarantees of Centralized Licenses in the custody of O/o CGCA as on 30.06.2023 is as below:
|
BG DETAILS AS ON 07.07.2023
|
| Name of TSP |
No. |
Sum of Amount of BG (In Rs.) |
| Adani Data Networks Ltd |
18 |
17422000 |
| Andhra Pradesh state Fiber Net Limited |
6 |
196100000 |
| Bharti Airtel Ltd |
32 |
12443189541d |
| Bharti Hexacom Ltd |
4 |
800210383 |
| BSNL |
23 |
444000000 |
| Inviolable Technology Pvt Ltd |
2 |
24000000 |
| M/s Mahan agar Telephone Nigam Ltd |
17 |
971650540 |
| Quadrant Televentures Ltd |
19 |
114441000 |
| Reliance Jio Info COMM ltd |
6 |
11602780000 |
| Ring Central India Pvt Ltd |
8 |
78000000 |
| Tata Communications Ltd |
40 |
517781525 |
| Tata Tele Services Ltd |
13 |
1008442993 |
| Tata Tele Services Maharashtra Ltd |
5 |
235000000 |
| Telangana Fiber Grid Corporation Ltd |
2 |
24000000 |
| V. Con Mobile & Infra P Ltd |
6 |
39220000 |
| Vodafone Idea Ltd |
104 |
21033389355 |
| Webex Communications India P Ltd |
48 |
540100000 |
| ZVC India Private Ltd |
46 |
498200000 |
| Grand Total |
399 |
50744725337 |
As per the license agreement, half yearly review of bank guarantees has to be conducted for all the centralized licensees. O/o CGCA conducted the half yearly review for the centralized licenses in the month of September 2022 and January 2023. Accordingly, enhanced BG amount was asked to be submitted by the TSPs whose details is as below:
| Name of TSP |
Enhanced BG
amount as per half yearly
review (September 2022)
|
Enhanced BG amount
as per half yearly
review (January 2023)
|
| Bharti Airtel Ltd |
116,69,64,246 |
76,81,18,742 |
| Reliance Jio Info comm
Ltd
|
33,00,00,000 |
63,32,00,000 |
| Tata Teleservices Ltd
|
25,00,000 |
5,53,687 |
| Bharti Hexacom Ltd
|
11,11,31,062 |
765,67,708 |
| Tata Communication
Ltd
|
0 |
12,25,17,000 |
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