BCCI extends deadline for procurement of tender paperwork for brand new IPL groups

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The BCCI on Wednesday prolonged the deadline for purchasing tender paperwork for brand new Indian Premier League (IPL) groups by one other 10 days until October 20 and dependable sources stated the price of the 2 new franchises is lower than Rs 3500 crore every. Won’t occur.

The IPL’s governing council had on August 31 issued an ‘Invitation to Tender’ (ITT) doc on cost of a non-refundable tender charge of Rs 10 lakh. Earlier it had prolonged the date until October 10.

“Following requests from various interested parties, the BCCI has now decided to extend the date for procurement of ITT documents to October 20, 2021,” a BCCI launch stated.

The BCCI plans so as to add two groups for the 2022 version and is predicted to be based mostly in Ahmedabad, Lucknow or Pune.

It is discovered that main enterprise homes like Kotak Group, Aurobindo Pharma, Torrent Pharma, RP-Sanjeev Goenka Group, Birla Group and Adani Group are eager to hitch the IPL bandwagon, which is a case of eight groups thus far.

The BCCI is hoping to earn no less than Rs 7000 crore, although the bottom value for every workforce has been set at Rs 2000 crore.

The Indian Cricket Board is permitting three-party associations to submit bids.

The new groups are anticipated to be unveiled in Dubai on October 25, a day after India’s conflict in opposition to arch-rivals Pakistan within the T20 World Cup.

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With inputs from TheIndianEXPRESS

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