The government plans to sell 380.75 MHz of spectrum in three bands — the premium 900 MHz band, 1800 MHz and 800 MHz, besides 5 Mhz in the 2100 Mhz band across 17 out of 22 telecom areas in the country.
Based on the reserve price, the government is estimated to garner over Rs 82,000 crore. However, the government is hopeful of getting around Rs 1 lakh crore from the sale of radiowaves used for mobile telephony.

At the minimum or auction start price for the 2,100 Mega-Hertz band or 3G spectrum, the government would garner at least Rs 17,555 crore. The reserve price for auction of 2G spectrum in 800 MHz, 900 Mhz and 1800 MHz bands will fetch the government Rs 64,840 crore.
Most of the spectrum being put up for the auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom. Their licences are expiring in 2015-16.

The government had raked in Rs 62,162 crore from the last spectrum auction in February 2014.

The government will on Wednesday begin the second leg of coal mine auction by putting on offer four blocks -- all in Jharkhand -- on the first day, with firms including Adani Power, JSW Steel, SAIL and BALCO in the race.
The mines that will be put on offer tomorrow are Jitpur mine, Moitra mine, Brinda mine and Sasai mine in Jharkhand.
The companies vying for Jitpur mine - earmarked for the power sector - are Adani Power, Adhunik Power and Natural Resources, Jaiprakash Power Ventures and Jindal Power.

The last day for auction of the mines in the second tranche is March 9. The government has put atleast 15 coal blocks in this round of auction as per the tentative list.
Over 80 applications have been found to be technically qualified for the ready-to-produce mines being put on auction.

The government which was to begin the auction of second lot of mines last month had to put it off to March 4 because of litigation issues.
The government through auctioned 19 mines in the first lot came out with the list of successful bidders for just 15 mines.
The e-auction proceeds from the first lot of mines are over Rs 1 lakh crore which would go to the states.

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