The government is expecting Rs. 20,000 crore from the second round of
spectrum auction later this fiscal, Telecom Secretary R Chandrashekhar
said on Friday.
"At this base price, we would expect approximately, I
would say, somewhere around Rs. 20,000 crore for all the spectrum in 1800
Mhz and 900 MHz that is put on the auction block," Chandrashekhar told
reporters on the sidelines of the India Telecom 2012 event organised
here by Ficci.
He added that the same auctioneer will be used for the auctions, which is expected to be completed before fiscal-end.
Cabinet yesterday approved a 30 percent cut in the reserve price for
sale of mobile phone spectrum in the four zones of Delhi, Mumbai,
Karnataka and Rajasthan, that went unsold in the recent damp-squib
The reserve price for last month's sale per block in
Delhi was Rs. 693.06 crore, while the same for Mumbai, Karnataka and
Rajasthan was fixed at Rs. 678.45 crore, Rs. 330.12 crore and Rs. 67.08
The Cabinet also gave its go ahead for
auctioning spectrum in 900 MHz band in Delhi, Mumbai and Kolkata
simultaneously with the sale of radiowaves in 1800 Mhz in these four
The base price for 900 MHz band will be twice the reserve
price for the 1800 MHz band, where the auction determined price is not
available. These circles found no takers on account of high reserve
"In Delhi and Mumbai, the reserve price of 900 MHz will be
twice the reserve price of 1800 MHz, (but in) Kolkata, it would be twice
the auction (discovered) price of 1800 MHz," Chandrashekhar said.