The Ministry of Information & Broadcasting (MIB) has invited (pdf) applications for auction of the second batch of Phase III FM Radio channels, which comprises of 266 private FM radio channels across 92 cities. The second batch of auctions will consist of 227 channels in 69 new cities, and the remaining 39 FM channels in 23 existing cities. List of cities here. Note that the first batch of Phase III FM auctions was conducted in April last year after the ministry invited bids for 135 FM radio channels across 69 cities in March 2015. The ministry had received 28 applications for auction under first batch of Phase III FM Radio channels at that time; applicants included Dainik Bhaskar Group, Reliance, Radio Mirchi, among others. e-auction: Bidders can place bids online using Electronic Auction System (EAS). For this, bidders will have to mandatorily procure Class-III…
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