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The project is valued at Rs 16 billion approximately.
The project will be executed in phases over a period of three years.
State-run telcos BSNL and MTNL focus on government entities for land sales.
NLMC will have an initial authorised share capital of Rs 5,000 cr
Govt to set up NLMC with Rs 5k cr authorised share capital
NLMC has been set up to expedite land monetisation
DIPAM invited bids to sell six assets of BSNL and MTNL
Government plans to accelerate efforts to hive-off surplus land
The Government will begin the PSU asset monetisation programme with MTNL
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