8 Applications received for e-Auction of 135 Private FM Radio Channels in 69 Cities in First Batch of FM Phase III

Ministry of Information and Broadcasting, Government of India received total 28 applications by 27^th March 2015 (5.00 PM), the last date of receipt of application, in connection with  the e-auction of 135 Private FM Radio channels in 69 existing cities of Phase II in the first batch of Phase III.

            28 applicants (List given below) have cumulatively submitted Earnest Money Deposit (EMD) of about Rs. 316.91crores. 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 fulfillment of requirements as prescribed in the Notice Inviting Applications (NIA) dated 2^nd March, 2015, a list of pre-qualified bidders will be prepared.