Ministry of Information and Broadcasting, Government of India received total 28 applications by 27th March 2015, 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 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 2nd March, 2015, a list of pre-qualified bidders will be prepared.
The ministry said that the applicants include, The Mathrubhumi Printing & Publishing co. Ltd,DB Corp Ltd., Shahi shipping Ltd, AM Television Pvt Ltd, Odisha Television Ltd, Pratidin FM Pvt Ltd, Next Radio Ltd.,Pudhari Publications Pvt Ltd, Venus autoworks Pvt Ltd, Reliance Broadcast Network Ltd, Renderlive films & entertainment Pvt Ltd, Entertainment Network (India) Ltd, Music broadcast Pvt ltd, Abhijit Realtors & Infraventures Pvt Ltd, HT Media Limited, Rajasthan Patrika Pvt Ltd, Sarthak films Pvt Ltd, Embassy Nirman Pvt. Ltd, Malar Publications Ltd, Nirmal Sagar Buildcon Pvt Ltd, Kal Radio Ltd, South Asia FM Limited, Sun TV Network Ltd, Digital Radio (Delhi) Broadcasting Ltd, Digital Radio (Mumbai) Broadcasting Ltd, Abir Buildcon Pvt Ltd, Remi Overseas Pvt Ltd, Agra and Sunplant broadcasting Pvt Ltd.