No Further AGR Relief for Vodafone Idea, Says Union Telecom Minister: Report

Centre Reaffirms No Waiver on Interest or Penalties for Vodafone Idea.

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Highlights

  • The Indian government has rejected Vodafone Idea’s request for a waiver on AGR interest and penalties.
  • Telecom Minister Jyotiraditya Scindia confirmed no relief is being considered due to the Supreme Court's binding ruling.
  • With both judicial and administrative relief ruled out, Vi faces mounting financial pressure.

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No Further AGR Relief for Vodafone Idea, Says Union Telecom Minister: Report
Vodafone Idea's attempts to seek relief on its Adjusted Gross Revenue (AGR) dues have been firmly rejected, with the Centre reiterating that no waiver of interest or penalties can be considered in light of the Supreme Court's binding verdict on the matter. The telecom operator (Vi) had recently written to the government seeking a waiver of the interest and penalties associated with its AGR liabilities. However, according to reports, the Centre responded by making it clear that no such relief was possible.

To DoT: Vodafone Idea Says It Can’t Operate Beyond FY 2025–26 as Banks Refuse Loans




Telecom Minister Reaffirms Government's Position

According to a report dated June 3, 2025, Telecom Minister Jyotiraditya Scindia confirmed this position, telling CNBC-TV18: "The Supreme Court has ruled on the matter, and that's where it stands. There is nothing on my table at this point."

Also Read: Communications Minister Rules Out AGR Relief, Says Vodafone Idea Must Stand on Its Own

In an earlier interview with The Times of India on May 31, 2025, the Telecom Minister had already confirmed the government's stance on AGR relief for Vodafone Idea. This report comes shortly after Vi released its quarterly report in a late-night filing.

However, CEO Akshaya Moondra, during a June 2, 2025 earnings call with analysts, said: "As far as the government relief is concerned, I think we are engaged with the government. Whether the government will do so, I cannot comment. But definitely, post the judgment, we continue with our engagement with the government to find a solution to the AGR matter… I see no reason why the government should be constrained in any way to offer relief."

Vodafone Idea had earlier approached the Supreme Court with a fresh petition seeking relief, but the court dismissed the plea outright. The bench expressed surprise that the company had refiled a case that had already been decided, terming the move "misconceived" and refusing to even consider the request.

Also Read: Government Stake in Vodafone Idea Rises to 48.99 Percent After Fresh Equity Allotment

Legal Implications for Vodafone Idea

The court order made no suggestion or indication that the Centre should consider granting relief, closing the door both judicially and administratively, the report said.

During the proceedings, the Solicitor General, representing the Centre, reaffirmed the government's position before the Supreme Court, stating that no waiver could be granted in light of the apex court's binding judgment.

Despite the legal clarity, Vodafone Idea CEO Akshaya Moondra, during the company's earnings call on June 2, maintained that discussions with the government are ongoing.

Also Read: Vodafone Idea Must Clear Government Dues, Says Minister

However, the government's stance remains clear: any such relief is unlikely, leaving Vodafone Idea with limited options to address its significant financial obligations stemming from the AGR ruling.

You can also join the TelecomTalk WhatsApp Community and TelecomTalk WhatsApp Channel for updates and discussions.

Most readers read for free. A small group from the TelecomTalk community keeps this going. Support only if our work adds value for you.

Reported By

Kirpa B is passionate about the latest advancements in Artificial Intelligence technologies and has a keen interest in telecom. In her free time, she enjoys gardening or diving into insightful articles on AI.

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