BCCI invites bids for e-auction of India rights

MUMBAI: The Board of Control for Cricket in India (BCCI) has invited bids for media rights of international and domestic cricket matches in India for a five year period from 1 April 2018 to 31 March 2023. This time, the rights will be decided via an online auction on 27 March which will start at 2 pm.

The BCCI has three media rights package. This includes global TV rights plus rest of the world digital rights package, Indian sub-continent digital rights package and global consolidated rights package.

Star India in 2012 had won the media rights for Rs 3,851 crore. The invitation inviting tender (IIT) document can be bought for Rs 680,000 or $10,000 (non-refundable and non-adjustable) by demand draft or pay order (both payable in Mumbai).

The interested broadcasters or companies can also make a consolidated bid for all the three packages. A bidders workshop has been scheduled on 7 March at 11 am to educate the interested bidders on the online bid process.

The IIT documents are available for collection from the BCCI office from 10 am to 5 pm from 20 February to 5 March. The parties may submit their bids latest by 10 am on 27 March, which means up to five hours before the start of the online auction process.

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