The Women's Indian Premier League's first season will feature clubs owned and run by interested parties, according to a tender released by the Board of Control for Cricket in India (BCCI) on Tuesday (WIPL).
The Women's IPL's inaugural season is anticipated to take place from March 3 to March 26 right before the Men's IPL.
The Indian cricket governing body said in a statement that an invitation to tender for the opportunity to own and manage a franchise in the Women's Indian Premier League had been released.
''The Governing Council of the IPL invites bids from reputed entities to acquire the right to own and operate a team in Women's Indian Premier League, through a tender process," it added.
The ITT will be available for purchase for a non-refundable fee of Rs five lakh till January 21, 2023.
''Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid," the statement further said.
The BCCI also said that it reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion. However, it did not inform about the bids for how many teams will be entertained.