Auction for Ballari Mining Corporation (Quantity: 1 Lot) Auction, Karnataka - 98392451

Procurement Summary

State : Karnataka

Summary : Auction for Ballari Mining Corporation (Quantity: 1 Lot)

Deadline : 15 Mar 2024

Other Information

Notice Type : Auction

TOT Ref.No.: 98392451

Document Ref. No. : MSTC/BLR/Office of The Director, DMG/94/Bangalore/23-24/53021[427219]

Competition : NCB

Financier : Self Financed

Purchaser Ownership : Public

Document Fees : Refer Document

Tender Value : Refer Document

EMD : ₹ 2606500.00

Purchaser's Detail

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Tender Details

Iron Ore Approx Quantity - 20852 MT
Base Floor Price - 62000032
Please check annexure in terms and conditions for detailed lot description
Note To Bidders
1. Bidder shall strictly quote the premium percentage value only. For example, if a bidder quotes 1.5 than the bidder agrees to pay 101.5 % of the base lumpsum price excl. taxes. for detailed illustration please check terms and conditions
2. 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/94/Bangalore/23-24/53021[427219]
Opening Date & Time : 15-03-2024::13:30:00
Closing Date & Time : 15-03-2024::15:30:00
Inspection From Date : 05-03-2024
Inspection Closing Date : 12-03-2024
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

Documents

 Tender Notice