E-auction for DD Freedish slots on 30 May, reserve price at Rs 4.3 crore

E-auction for DD Freedish slots on 30 May, reserve price at Rs 4.3 crore

DD

NEW DELHI: Even as the final touches are being given to increase the carrying capacity of the platform, the 27th e-auction to fill up vacant slots on Doordarshan’s direct-to-home Freedish will be held on 30 May.

The reserve price is Rs 4.3 crore for the slots on the country’s only free to air DTH platform. The reserve price which had been Rs 3.7 crore was raised to its present level for the 25th e-auction in January.

indiantelevision.com had learnt that the bid amount went up to Rs 4.7 crore in earlier e-auctions. The reserve price in the 15th e-auction was Rs three crore and was raised to Rs 3.7 crore in the 16th auction.

DD sources refused to divulge the number of slots being auctioned to prevent bidders forming consortia to bid or resort to other malpractices. The platform at present has space for eighty channels including its own channels, and Lok Sabha and Rajya Sabha TV.

These sources told indiantelevision.com that Freedish is being encrypted shortly from Mpeg 2 to Mpeg4 to keep a tab on the number of subscribers, but it would remain free-to-air.

The e-Auction will be conducted by C1 India Pvt. Ltd., Noida which also conducted the first stage of the FM Radio Phase III auctions on behalf of Prasar Bharati.   

The eligibility terms and conditions including other relevant details for this e-Auction are displayed on DD website: www.ddindia.gov.in. 

The participation amount (EMD) in the e-Auction is Rs.1.5 crore which will be deposited in advance before or by 12 noon on 30 May along with processing fee of Rs.10,000 (Non-refundable) in favour of PB (BCI) Doordarshan Commercial Service, New Delhi.

Incremental amount for the auction will be Rs 10 lakh and the time for every slot e-auction will be of fifteen minutes duration. This may be extended by five minutes if a bid is received before the closing time.

Of the reserve price, Rs 1.1 crore will have ot be deposited within one month of placement and another Rs 1.1 crore within two months along with service tax of 14.5 per cent on the bid amount.

The balance bid amount will have to be deposited within six months, failing which the deposited amount will be forfeited and the channel discontinued after a 21-day discontinuation notice.