The Empowered Group of Ministers (EGoM) on telecom headed by Home Minister P Chidambaram on Friday decided to recommend to the Cabinet a price lower reserve price for spectrum auction than the sector regulator Telecom Regulatory Authority of India (TRAI) proposed earlier.The reconstituted EGoM, which met for the second time this week in New Delhi, firmed up its views on key issues like reserve price, spectrum usage charge and terms of payment. The same are being sent to the Union Cabinet, headed by Prime Minister Manmohan Singh, for a decision, Telecom Minister Kapil Sibal said after a two-and- a-half-hours meeting.The Telecom Regulatory Authority of India had recommended a base price of Rs 3,622 crore per unit of spectrum—called MegaHertz—for the auction of spectrum vacated from the Supreme Court canceling 122 licences issued by the then Telecom Minister A Raja in 2008.This base price translated to over Rs 18,000 crore for a pan-India spectrum for new companies.