MSTC’s technical bid for private FM private channels, phase III rejected

A Ministry of Information and Broadcasting circular says MSTC Limited, Kolkata, is technically qualified for financial bids for 730 channels in 234 new cities. The auctioneer’s finalization is scheduled for September 30, 2024.

In August, the union cabinet had approved the proposal for the 3rd batch of ascending e-auctions for 730 channels in 234 new cities with estimated reserve price of Rs.784.87 crore under Private FM Radio Phase III Policy.

The approved cities and towns include Port Blair, Imphal, Dimapur, Dibrugarh, Arrah, Begusarai, Madanpalle, Korba, Amreli, Bhuj, Rohtak, Anantnag, Dhanbad, Belgaun, Palakkad, Mandsaur, Latur, Goindiya, Puri, Sambalpur, Ludhina, Bathinda, Alwar,Ganganagar, Conoor, Thanjavur, Nalgonda, Nizamabad, Etah, Haridwar, Haldwani and Darjiling among others.
BCS Bureau