South Eastern Coalfields Ltd. (SECL); a Coal India Ltd. subsidiary, have decided to sell 16.17 lakh tonnes through spot e-Auction, of which 1.16 lakhs tonnes is Semi-Coking coal through Rail Mode, 1.95 Lakh tonnes is Non-Coking Coal through Rail Mode, 20,000 tonnes of Semi-Coking coal through Road Mode, 12.85 Lakhs tonnes of Non-Coking Coal through Road Mode and 33500 tonnes of Coke/Coal Products Of DCC by Road Mode.The e-Auction shall be conducted by mJunction Services Ltd. on August 31, 2020.
For other information & details, buyers are advised to visit the respective website of SECL & 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. Bid Price shall be expressed in terms of percentage premium over notified price on the date of bidding. Percentage premium will remain constant throughout the lifting period of the particular Spot e-Auction. Details of Notice by SECL can be downloaded below.
