Indian govt will do auction soon for 2024. Cabinet given permission for auction for different spectrum. it will make 10,523.15 MHz to get auctioned. The price of this spectrum may be 96,317 cr. Govt will auction 800, 900, 1800, 2100, 2300, 2500, 3300 MHz and 26 GHz spectrum.
The validity of this spectrum will last for 20 years. Central minister Anurag Thakur has announced that the left over spectrum of 2022-23 auction and expiring spectrum of 2024 will be auctioned here. Govt didn’t announced the date of auction.
It is been expected that in a few months govt will start auctioning process. Airtel’s 900 Hz and 1800 Hz is going to expire this year which costs 4200 Cr. Whereas Vi’s spectrum is expiring in West Bengal and Uttar Pradesh whose price is expected to be 1950 Cr. Govt is hoping to earn 10,000 Cr from this auctions.
Telecom minister Ashvini vaishno said that he is planing to auction every year for spectrum. He is working on this proposal where if spectrum is small then it will be auctioned. He even said Govt will to ahead for spectrum auction.
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