EGoM

  • Vodafone offers to pay Rs 4,000 cr for extension of licences November 19, 2013

    Nation's second largest telecom firm Vodafone India has offered to pay Rs 4,000 crore and a spectrum usage charge of 3 per cent for extension of permits for Delhi, Mumbai and Kolkata service areas for 20 years. At Rs 4,000 crore, Vodafone is offering about one fourth of TRAI's suggested price...
  • GoM will look into Airport Metro issue, says Kamal Nath September 3, 2013

    Urban Development Minister Kamal Nath on Tuesday said the advice and guidance of an empowered group of ministers (EGoM) will be sought to sort out issues related to the Airport Metro Express Line (AMEL). "In next two or three weeks, we will meet the group of ministers and we will get...
  • Govt to refund telecom cos whose licences were cancelled October 9, 2012

    New Delhi: An Empowered Group of Ministers (EGoM) on Monday decided to refund licence fee of companies whose telecom licences were cancelled earlier this year but had no criminal charge against them. The EGoM, headed by Finance Minister P Chidambaram, also decided to recommend to the Cabinet a one-time fee...
  • Govt to refund telcos whose licences were cancelled October 8, 2012

    New Delhi: An Empowered Group of Ministers on Monday decided to refund licence fee of companies whose telecom licences stand cancelled but have no criminal charge against them. The EGoM, headed by Finance Minister P Chidambaram, also decided to recommend to the Cabinet a one-time fee on existing telecom operators for...
  • EGoM to decide on one-time spectrum fee today October 8, 2012

    New Delhi: The Empowered Group of Ministers led by Finance Minister P Chidambaram will be meeting on Monday on the Spectrum issue. It will be to taking a decision on charging telecom service providers for excess spectrum beyond contractual obligations. The EGOM in its last meeting on October 3 could not...
  • Govt wants 2G auction in Nov, to move SC August 7, 2012

    New Delhi: The Department of Telecommunications will move the Supreme Court to push the deadline for 2G auction to November. The Supreme Court had earlier set an August 31 deadline. The decision to move court was taken in the EGoM headed by Finance Minister P Chidambaram on Tuesday. "Auctioneer has given...
  • Cabinet may decide on spectrum reserve price today August 3, 2012

    New Delhi: The Cabinet will meet on Friday to discuss the reserve price and usage charges of the telecom spectrum to be auctioned, in line with a Supreme Court order. In February the Supreme Court had cancelled 122 licences issued by then Telecom Minister A Raja in 2008 and asked the...
  • Antony to head EGoM on natural gas pricing July 25, 2012

    New Delhi: Defence Minister AK Antony will head the reconstituted high-powered ministerial panel which will decide if price of natural gas produced by Reliance Industries from KG-D6 fields can be revised before 2014. "The Empowered Group of Ministers (EGoM) has been reconstituted. It will now be headed by Defence Minister," a...
  • EGoM defers decision on one-time spectrum fee July 24, 2012

    New Delhi: The Empowered Group of Ministers (EGoM) on telecom, headed by Home Minister P Chidambaram, on Tuesday deferred a decision on one-time spectrum fee on existing telecom operators till the outcome of Presidential Reference. "All the issues were placed before the EGoM and the EGoM decided that we will wait...
  • Spectrum auction bid submission till July 30 July 19, 2012

    New Delhi: The Department of Telecom has extended the deadline by 10 days till month-end for submission of bids by potential auctioneers that will manage the spectrum auction. As per new dates, potential auctioneer will have to submit bid by July 30 instead of July 20, DoT said in a...
  • DoT to prepare set of reserve price of spectrum July 18, 2012

    New Delhi: The Empowered Group of Ministers (EGoM) on Wednesday asked the Department of Telecom to prepare a matrix of reserve price of spectrum auction and its impact on tariffs and revenue to the government. According to sources, DoT has been asked to prepare a matrix of various levels of reserve...
  • EGoM discusses modalities of spectrum auction July 12, 2012

    New Delhi: A high powered ministerial panel on Thursday discussed modalities of auction of telecom spectrum but some issues, including the price for sale of airwaves, could not be finalised. The reconstituted Empowered Group of Ministers under Home Minister P Chidambaram deliberated on auction of spectrum for nearly three hours but...
  • Govt may not meet Aug 31 spectrum auction deadline July 6, 2012

    New Delhi: An inter-ministerial panel set up to supervise auction of spectrum for telecom services is learnt to have said it is not possible to meet the Supreme Court (SC) deadline of August 31 to complete the process. According to government sources, the Inter-Ministerial Committee (IMC) has conveyed that it...
  • News 360: Sharad Pawar quits as telecom EGoM head July 2, 2012

    Sharad Pawar declines the Prime Minister's move to make him the chairman of the EGoM on telecom allocation. ...
  • Sharad Pawar quits as telecom EGoM head July 2, 2012

    New Delhi: Agriculture Minister Sharad Pawar on Monday quit as the head of EGoM on Telecom. Pawar said that allegations against him in the 2G case ill motivated. "I am stepping down as chairman of 2G EGoM to avoid getting dragged into unnecessary controversy over 2G spectrum allocation," Pawar said. "The...
  • Telecom EGoM to be held within couple of days: Pawar July 2, 2012

    New Delhi: A crucial meeting of the reconstituted Empowered Group of Ministers (EGoM), scheduled for Monday, has been postponed, Agriculture Minister and head of the ministerial panel Sharad Pawar said. The meeting of the EGoM, the first after Pranab Mukherjee resigned as the Finance Minister to contest Presidential election, was to...
  • Sharad Pawar to head EGoM on spectrum auction June 29, 2012

    New Delhi: Agriculture Minister Sharad Pawar will head a high-powered ministerial panel tasked with the onus of deciding on auction of telecom spectrum, a top DoT official said on Friday. The Empowered Group of Ministers (EGoM) has been reconstituted after Pranab Mukherjee, who was heading it, resigned as Finance Minister to...
  • EGoM on spectrum pricing expected next week June 23, 2012

    New Delhi: The Empowered Group of Ministers on telecom may meet next week to discuss on crucial issue of spectrum price and related issues for auction which is due before August 31. The crucial meeting of EGoM, which was scheduled for Thursday to decide on spectrum...
  • EGoM to meet, discuss spectrum price today June 21, 2012

    New Delhi: An Empowered Group of Ministers, headed by Finance Minister Pranab Mukherjee, is likely to meet on Thursday to discuss crucial issues of spectrum price, payment terms and network roll-out obligations for auction of airwaves due before August 31. As part of terms for payment, the EGoM would discuss if...
  • EGoM meet to finalise base spectrum price on June 21 June 19, 2012

    New Delhi: The Empowered Group of Ministers on telecom, headed by Finance Minister Pranab Mukherjee, will meet on June 21 to decide on the base price of auction of spectrum, sources said. "It (EGoM meet) is scheduled for June 21 evening," a source said. The meeting was expected to be...
  • Spectrum auction process to begin on August 6 June 5, 2012

    New Delhi: An Empowered Group of Ministers (EGoM) on Tuesday decided to initiate auction of spectrum, freed from cancellation of 2G licences by the Supreme Court, from August 6. It was, however, not immediately known if the EGoM headed by Finance Minister Pranab Mukherjee, also fixed a reserve price of airwaves. "Some...
  • EGoM to take final call on spectrum pricing today June 5, 2012

    Mumbai: An empowered group of ministers (EGoM) led by Finance Minister Pranab Mukherjee will meet on Tuesday to take a final call on key issues of 2G spectrum auction such as pricing and refarming, officials said. The EGoM would go through the analysis report of the Telecom Commission on the Telecom...
  • EGoM, Telecom Commission to discuss TRAI proposals April 28, 2012

    New Delhi: An empowered group of ministers (EGoM) will meet on Tuesday next week to discuss telecom regulator TRAI's recommendations on unified licences and auction of spectrum, an official said on Friday. The Telecom Commission, the decision making body of the Telecom Department, will also meet...
  • EGoM on ultra mega power projects likely to meet today April 28, 2012

    New Delhi: The Empowered Group of Ministers on ultra mega power projects (UMPPs), headed by Finance Minister Pranab Mukherjee, is likely to meet on Saturday. Various issues related to UMPPs such as competitive bidding norms and fuel supplies are expected to be discussed, sources said. Power Minister Sushilkumar Shinde,...
  • EGoM to decide on spectrum, licence allocation to telcos April 24, 2012

    New Delhi: The Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee will take the final call on auction of spectrum and telecom licence-related issues, Telecom Secretary R Chandrashekhar said. "(EGoM's) terms of reference has been extended to include spectrum allocation and licence related...
  • EGoM decides to free 700 Mhz spectrum band for 4G March 5, 2012

    New Delhi: An Empowered Group of Ministers (EGoM) on Monday decided to allocate 700 Mhz spectrum band for offering fourth-generation or 4G telecom services. "There were about four issues which came up for resolution before the empowered committee and three of them have been resolved fully....
  • EGoM to meet today, discuss vacation of spectrum March 5, 2012

    New Delhi: A panel of Ministers headed by Finance Minister Pranab Mukherjee will meet on Monday to discuss the contentious issue of vacation of spectrum by government agencies, including Defence Ministry. "The Empowered Group of Ministers (EGoM) is meeting on Monday and will discuss the issues relating to vacation of...
  • EGoM meet on natural gas allocation policy today February 24, 2012

    New Delhi: Ahead of the meeting of panel of ministers on natural gas, a body of oil and gas producers like Reliance Industries has opposed pre-allocation of the scarce fuel saying it distorts demand-supply equation and eliminates possibility of discovering free market price of gas. An Empowered Group of Ministers (EGoM)...
  • Jet fuel import allowed, airlines stocks rise February 7, 2012

    Mumbai: Scrips of three listed domestic carriers, Jet Airways, Kingfisher Airlines and SpiceJet rallied after the government on Tuesday allowed airlines to import jet fuel directly. The decision on direct jet fuel imports was taken by an empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee. Analysts said the move,...
  • Centre lifts ban on onion exports September 20, 2011

    New Delhi: The Central Government on Tuesday lifted the ban on onion exports. Maharashtra NCP chief Madhukar Pichad had written to Prime Minister Manmohan Singh and Commerce Minister Anand Sharma demanding withdrawal of the ban on onion exports. The Empowered Group of Ministers (EGoM) had banned onion export on September 9...