Vodafone Idea's AGR Dues Reduced by 27% to ₹64,046 Crore
Centre Reduces Vodafone Idea AGR Dues By About 27% To Rs 64,046 Crore
News 18
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The Indian government has reduced Vodafone Idea's adjusted gross revenue (AGR) liabilities by approximately 27%, bringing the total dues to ₹64,046 crore (roughly $7.7 billion USD). This decision follows a reassessment by the Department of Telecom, with payments scheduled over the next decade.
- 01Vodafone Idea's AGR dues reduced from ₹87,695 crore to ₹64,046 crore.
- 02The reduction is approximately 27% of the original dues.
- 03Payments will be made in two phases over ten years.
- 04Minimum annual payment of ₹100 crore required for the first four years.
- 05Remaining dues to be cleared in six equal installments from FY 2035-36 to FY 2040-41.
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The Indian government has significantly reduced the adjusted gross revenue (AGR) liabilities for Vodafone Idea, a struggling telecom operator, by about 27%, bringing the total dues down to ₹64,046 crore (approximately $7.7 billion USD). This adjustment follows a reassessment conducted by the Department of Telecom (DoT), which had initially set the AGR dues at ₹87,695 crore. According to a company filing, the DoT has communicated that a committee formed for this purpose finalized the dues as of December 31, 2025. Vodafone Idea is required to settle these dues in two phases over a period of ten years. The company will make a minimum payment of ₹100 crore annually for the first four years, from fiscal year 2031-32 to 2034-35, followed by six equal installments from fiscal year 2035-36 to 2040-41.
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This reduction in dues may provide financial relief to Vodafone Idea, enabling the company to stabilize operations and potentially improve services for customers.
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