The telco has not been able to make payment of ₹702 crore for the October-December quarter of the current fiscal. With this, the telecom operator's total dues to the government has gone up over ₹1,000 crore.
According to sources, the company has been able to clear only 10% or ₹78 crore of the statutory dues for the quarter, adding that it has sought some additional time from DoT to clear the pending dues.
Though delayed, Vodafone Idea has been able to clear all payments till FY22, which is outside the four year moratorium - FY22-26 provided by the government. It has some pending dues for FY23 and the July-September quarter of the current fiscal, which adds up to around ₹300 crore.
Queries sent to Vodafone Idea towards the due amount did not elicit any response till the time of going to the press. The company was expecting to finalise a fund raising plan by December 2023, which did not materialise.
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