Bharat Coking Coal Ltd. (BCCL); a Coal India Ltd. subsidiary, has offered to sell 2.53 Lakh Tonnes of coal by Rail and Road mode for September 2020 through Sport e-Auction. BCCL has programmed to auction 60,300 tonnes of Raw coal, 111400 tonnes of washery products and 2000 tonnes of Hard Coke by Road Mode & 80,000 tonnes of washery products by Rail Mode through spot e -Auction for the month of September 2020. The e-Auction shall be conducted by mJunction Services Ltd. on September 16, 2020 and by M/s. MSTC Ltd. on September 18, 2020, the last date of coal value deposition is September 28, 2020 and September 30, 2020 respectively.
For other information & details, buyers are advised to visit the respective websites of BCCL, mJunction and M/s. MSTC Ltd. 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 BCCL. Details of Notice by BCCL can be downloaded below.
