LAST DATE OF SUBMISSION OF EMD: 24.10.2016 UPTO 04:00 PM
PAYMENT OF EMD: BY DEMAND DRAFT/RTGS
DATE AND TIME OF E-AUCTION: AS ABOVE

PAYMENT OF EMD BY DEMAND DRAFT in favour of MSTC LIMITED payable at Mumbai drawn on any scheduled bank. The Bank details, format etc for sending EMD by RTGS to MSTC is detailed below

BANK DETAILS

Beneficiary Name:MSTC LTD.
Bank Name : YES BANK LTD.
Bank Account No. : 019081400000071
IFSC Code No : YESB0000190
BRANCH: DALHOUSIE
CENTRE: KOLKATA
DISTRICT: KOLKATA
STATE:WEST BENGAL
ADDRESS:STEPHEN HOUSE,56 A HEMANTA BASU, SARANI,GROUND AND MEZZANINE FLOOR, KOLKATA WEST BENGAL 700001

BIDDERS SHOULD INTIMATE THE DETAILS OF LOTS IN WHICH THEY ARE INTERESTED TO BID ALONG WITH THE UTR NO AND A CERTIFICATE ON BANK'S LETTERHEAD MENTIONING UTR No., AMOUNT, ACCOUNT No. OF THE ACCOUNT DEBITED, NAME OF THE REMITTER AND PAN No. OF THE REMITTER BY FAX OR EMAIL(EMAIL IDS MENTIONED BELOW) WITHIN THE LAST WORKING DAY BEFORE THE DATE OF AUCTION TO GET IT CREDITED TO MSTC'S EMD ACCOUNT ON TIME. (FAX No. 022- 22845130.)
Email ids:
1)ganeshyadav@mstcindia.co.in
2)sushil@mstcindia.co.in
3)archana@mstcindia.co.in
Bidders may please note that the EMD should be deposited by debiting the account of the bidder only; EMD deposited from or by debiting any other party's account will not be accepted.
MATERIAL DESCRIPTION AS ABOVE

SCOPE OF WORK

NOTE: 1. QUANTITY TOLERANCE +/- 5%.
2. THE ABOVE MATERIAL IS OFFERED ON FOR MINE SIDING BASIS
3. THE MODE OF DISPATCH SHALL BE RAKE/ROAD.
4. THE MODE OF DISPATCH SHALL BE ROAD ONLY.
5. BIDDERS CAN BID FOR LOTS OF 20 MT. IN CASE BIDDERS INTEND TO TAKE THE QUANTITY BY RAKE, THE NORMAL RAKE QUANTITY SHALL BE 2800 MT. THE BIDDERS HAVE TO ENSURE THAT THEY SUCCESFULLY BID FOR 140 UNITS (140 UNITS X 20 MT =2800 MT) FROM ANY OF THE OFFERED QUANTITES IN THIS AUCTION, ELSE THEY MAY HAVE TO PAY PENALTY TO RAILWAYS FOR DISPATCH FOR LESS QUANTITY.
6. IN CASE BIDDER HAS ALREADY ENTERED IN CONTRACT FROM DONGRI MINES ORE AND INTENTS TO LIFT THE ORE BY RAIL, THEN THE BIDDER MAY CLUB THE EXISTING CONTRACTED QUANTITY OF RESPECTIVE MINES WITH THE BIDDED QUANTITY TO FORM A RAKE LOAD.
7. WHILE MAKING THE PAYMENT THAT IS BEFORE ISSUE OF DO, THE SUCCESSFUL BIDDER HAS TO INFORM THE MODE OF DISPATCH.
8. In Case the successful bidder lifts the quantity by Rail, the terms of e-sales shall be applicable for Rail dispatch and in Case the successful bidder lifts the quantity by Road,the terms of e-sales shall be applicable for Road dispatch.
The bid value shall be the basic price of the material exclusive of all applicable levies namely royalty, sales taxes, LBT & duties etc. in Rs/MT.

EMD FOR LOT NO. 1 : Rs. 750/- PER MT

MINIMUM QUANTITY TO QUOTE FOR ALL LOTS : 20 MT RESPECTIVELY
THEREAFTER IN MULTIPLES OF 20 MT
NOTE:1 UNIT=20 MT.
NOTE:1 RAKE=2800 MT.

Bid Increment during e-auction