(A GOVERNMENT OF INDIA ENTERPRISE)

FOR SALE THROUGH ITS UNIQUE E-AUCTION PORTAL 

Special Features:

·        Multiple Bid Improvements

·        Bidding among Registered Bidders

·        24 Hour Online Bidding for each Item

·        All India Base of Registered Customers

·        Auto Bid Improvement facility to Bidders

·        Immediate deactivation of Defaulting Parties

·        No pre-bid EMD (Only Successful Customers pay)

·        Sale subject to Reserve Prices fixed by the Principal

·        Auto Extension of Closing Time (ample time for Bidders to compete)

·        Auto Sale Intimation Letters by email to successful Bidders

·        All follow-up by MSTC (till issue of Delivery Order)

·        Photo ID Cards to Bidders for identification

·        Scrap / Surplus Sales Handled by MSTC in 2003-04 : Rs.738 crores

 To avail our e-Auction services, interested Organisations may directly register online on MSTC's e-Auction Website as a "Seller" by filling in necessary details of their Company and generate their unique User ID and Password.  Thereafter they may give a letter of confirmation to MSTC for payment of necessary Service Charges to MSTC and start sending their Disposal Lists by email to MSTC for further necessary action.