Asset Management Wing

  • About us:-

    The Asset Management (AM) Division is responsible for preparing and monitoring the overall asset management policy for the Department of Telecom and its related offices, as well as for Public Sector Undertakings (PSUs) under the administrative control of the DoT. Pursuant to Cabinet decision on revival of BSNL/MTNL and target set for National Monetization Pipeline, monetization of Core and Non-Core Assets of BSNL/MTNL has become very important work for the Asset Management Division of DoT.

    The Asset Management Division is involved in the comprehensive monitoring of land and building asset monetization and related issues. Additionally, this division is also responsible for processing and obtaining the approval of the Union Cabinet, GoM (Group of Ministers), Alternate Mechanism for non-core asset monetization, in accordance with defined thresholds depending on the specific case. In case of core asset monetization the division coordinates for Public-Private Partnership Appraisal Committee’s (PPAC) appraisal and approval of competent authority. The AM Division also plays a coordinating role with the IMG (Inter-Ministerial Group), Cabinet Secretariat, CGAM (Core Group on Asset Monetization), and other Ministries concerning both core and non-core asset monetization, as well as the National Monetization Pipeline (NMP). In addition to the above there are other miscellaneous work related to asset management being performed by the division.The Division is mandated to perform Asset Management work as per Financial Advisers Charter issued by Ministry of Finance vide OM No 23(3)/E. Coord/2018 dated 13.06.2023.

     

    Contact Details:

    Name Designation Room No. Email Contact No.
    Shri Kashi Nath Jha DDG 302, Sanchar Bhawan ddgam-dot[at]gov[dot]in 23310370
    Sh. Preetinder Singh Padda Director(AM-I) 1212, Sanchar Bhawan preetinder[dot]padda[at]gov[dot]in 23030040
    Shri Rajat Bhardwaj Director(AM-II) 1406, Sanchar Bhawan rajat.bhardwaj7[at]gov[dot]in 23036069
    Sh. Anit Axeria AO Cubical 7, 12th Floor, Sanchar Bhawan anit[dot]1982[at]gov[dot]in 23036857

     

    Important Achievements & Targets to be achieved during 2023-24: -

    1. PPPAC Chaired by Secretary DEA has given in principle and final appraisal for monetization of 10802 Mobile Towers of BSNL with IECV of Rs. 4200 Cr.
    2. Target of core asset on PPP model under National Monetization Pipeline is underway for approval of GoM.
    3. Target of Monetisation of Non-Core Assets (Land and Building) of BSNL is Rs. 600 Cr. During the year 2023-24.
    4. MTNL is also processing cases for monetization of Non- core assets. (Ongoing process).

     

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