New Delhi, June 4 -- Elon Musk's satellite internet venture Starlink is set to receive its long-awaited licence to operate in India by mid-June, with the government outlining a series of financial, legal, and national security-related conditions for its entry, according to sources.

As per details shared with NDTV Profit, Starlink must pay a non-refundable fee of Rs.1.6 crore and furnish performance and financial bank guarantees exceeding Rs.1.2 crore. These steps are part of a Letter of Intent (LoI) issued by the Department of Telecommunications (DoT) in early May.

Starlink's Global Licensing Head, Parnil Urdhwareshe, is currently in Delhi to meet top DoT officials as the company inches closer to acquiring a Unified Licence for GMPCS, V...