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Auction for Iron Ore Fines (Quantity: 100000 Mt)

Auction for Iron Ore Fines (Quantity: 100000 Mt) from Karnataka. The reference number of the tender is: 97851360 and the same is closing on 8th Mar 2024. Users can register on the site to get similar tenders.

Procurement Summary

Country : India

State : Karnataka

Summary : Auction for Iron Ore Fines (Quantity: 100000 Mt)

Deadline : 08 Mar 2024

Purchaser's Detail

Purchaser : MSTC LIMITED
Address: 19/5 & 19/6, 3rd Floor, Kareem Tower, Cunningham Road
City: Bengaluru
District: Bengaluru
State: Karnataka
Pin: 560052
Tel/Fax: +91-80-2225 6367, 2226 0054, 22266417
Country: India
Email: mstcblr@mstcindia.co.in
Website: www.mstcindia.co.in

Other Information

Notice Type : Auction

RefID : 97851360

Notice Ref. No. : MSTC/BLR/Office of The Director DMG/8/Bangalore/23-24/51925[426043]

Tender Value : Refer Document

Tender EMD : ₹ 12500000.00

Tender Document Cost : Refer Document

Competition : NCB

Financier : Self Financed

Purchaser Ownership : Public

Tender's Details

Quantity 1, 00, 000 (+/- 10%) MT. Type of Ore:Fines (- 10mm), Fe Range:51-55%
Basis Grade (Fe%)- 53.98Base floor price - 2725/-
Note To Bidders
1.Successful Bidder shall bear the MSTC service charges of 0.3% of the basic sale value plus applicable taxes. These charges shall be over and above the material value of the sold minerals. By quoting in this auction the bidder agrees to bear these charges which shall be recovered from the bidders pre bid EMD paid to MSTC. Any bidder who is the highest bidder in the auction, whose bid is accepted in the system will be construed as a successful bidder

Auction Details :
Auction No : MSTC/BLR/Office of The Director DMG/8/Bangalore/23-24/51925[426043]
Opening Date & Time : 08-03-2024::15:00:00
Closing Date & Time : 08-03-2024::17:00:00
Inspection From Date : 29-02-2024
Inspection Closing Date : 06-03-2024
EMD Type : Item Wise

Seller Details :
Seller/Company Name : Office of The Director DMG
Location : Bangalore
Street : 5th Floor Khanija Bhavan, Race Course Road
City : Bangalore - 560001
Country : INDIA
Telephone : 9880996228
Fax :
Email : dir-mines@karnataka.gov.in
Contact Person : Dr C V Raman

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