Mahanadi Coalfields Ltd. (MCL); a Coal India Ltd. subsidiary, has offered to sell 10 Lakh Tonnes by Road and 20 lakhs Tonnes Rail Mode in July 2020 through Sport e-Auction. The e-Auction shall be conducted by mJunction Services Ltd. on July 15, 2020.
For other information & details, buyers are advised to visit the respective website of MCL & mJunction. For terms & conditions of Spot e-Auction, buyers are advised to visit the website of Coal India Ltd. (http://coalindia.in). The auction shall be conducted on the floor price; i.e. reserve price for each source/lot. Sizing Charges shall be charged extra as applicable as per notification/applicable. All statutory and non-statutory charges as applicable on the day of lifting will be charged. Applicable price on the date of despatch would be variable in line with the change in the notified price of CIL, if any. The notice in this regard has already been uploaded in the website of MCL. Details of Notice by MCL can be downloaded below.
