Bangalore Division passes tender for advertising rights
By M4G Bureau - March 04, 2020
The tender offers exterior advertising on 51 locomotives in the Bangalore division
The Bangalore Division of the South Western Railway has published a tender to offer advertising rights on the exterior of 51 locomotives under the division. The rights will be offered for a period of 5 years, and an escalation of 10% on the license fee will be levied after the completion of 4 years.
The EMD amount for the tender is Rs. 5,82,600/- and the estimated value for the first year for advertising on the provided media amounts to Rs. 54,86,017/-. The tender closing date is 17.03.2020.