MIB receives 28 applications for e-auction of 135 Private FM Radio channels

These applications are for 69 existing cities in the first batch of FM Phase III

BestMediaInfo Bureau | Delhi | March 31, 2015

The Ministry of Information & Broadcasting (MIB) has received a total 28 applications till March 27, 2015 (5 PM), the last date of receipt of applications for the e-auction of 135 Private FM Radio channels in 69 existing cities of Phase II in the first batch of Phase III.

The 28 applicants (list below) have cumulatively submitted Earnest Money Deposit (EMD) of about Rs 316.91crore. Mere receipt of applications by the ministry does not confer the applicants any right or eligibility for participation in the upcoming auction. After scrutiny and subject to fulfilment of requirements as prescribed in the Notice Inviting Applications (NIA) dated March 2, 2015, a list of pre-qualified bidders will be prepared.

List of applicants of first batch of Private FM Radio Phase III channels:

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