e-Auction Schedule

Seller : CCL

Mode : RAIL
Version Number : 1

Date of Hoisting : 16.12.2014
   

Catalog Name:- Spot e-Auction of CCL-RAIL Dt:24.12.2014 Qty offered 30RAKE

Lot No Source Size/Grade EMD Rate per MT Quantity
(1 RAKE = 3953 MT)
Reserve Price(Rs/MT) e-Auction Date Auction Start Time (Hrs) Auction Stop Time (Hrs)**
1 DHORI Line No. I W - IV ROM (SIZED) [Add On Price (Washery Recovery charge Rs 960/- per tonne)]15RAKE W - IV 
ROM (SIZED)
500.00 15 RAKE 1898.00 24.12.2014 12:30 14:30
2 JARANGDIH-I W - IV ROM (SIZED) [Add On Price (Washery Recovery charge Rs 960/- per tonne)]15RAKE W - IV 
ROM (SIZED)
500.00 15 RAKE 1898.00 24.12.2014 12:30 14:30
   
Acceptable Bid Multiple = 1 Rake. 1 Rake = 3953 MT. EMD per Rake = ( 3953 MT * Rs. 500/- per MT ) = Rs. 19,76,500/-. This is a CIL e auction. 1. ALL CUSTOMERS TO NOTE , CCL IS PROVIDING RTGS/NEFT FACILITY FOR SUBMISSION OF COAL VALUE.CERTAIN FORMALITIES REGARDING BANK DETAILS ARE TO BE FULFILLED . FOR DETAILS PLEASE VISIT CCL's WEBSITE ccl.gov.in . 2. THE PROSPECTIVE BUYERS MAY SATISFY THEMSELVES REGARDING THE STOCKS AT DIFFERENT COLLIERIES/SIDINGS BEFORE PARTICIPATING IN THE AUCTION PROCESS.NOTE: CCL RESERVES THE RIGHT TO MAKE ANY AMENDMENT IN THE ABOVE OFFER.
3.IN ADDITION TO BID PRICE OTHER ADD ON PRICES IF ANY WILL BE RECOVERED , STATUTARY CHARGES AND GOVT. LEVIES WILL BE CHARGED AS APPLICABLE ON THE DATE OF DELIVERY. 4. BEFORE PARTICIPATING IN E-AUCTION BIDDERS MUST SATISFY THEMSELVES WITH THE QUALITY OF THE COAL BEING OFFERED FROM A SOURCE,NO COMPLAINT THEREAFTER i.e. AFTER THE AUCTION WILL BE ENTERTAINED BY THE CCL.*THE CHARGES SHOWN ARE INDICATIVE ONLY AND ACTUAL AMOUNT AS APPLICABLE WILL HAVE TO BE PAID BY BUYER AT CCL.
5. IN ADDITION TO ABOVE,SALES TAXES, ROYALTY, SED, EXCISE DUTY, CLEAN ENERGY CESS @ Rs.100 per tonnes, WASHERY RECOVERY COST , BENEFICIATION CHARGE ,SURFACE TRANSPORTATION CHARGES & ANY OTHER CHARGES AS APPLICABLE WILL HAVE TO BE PAID BY BUYERS AT CCL. 6. PRICE BASED ON GCV IS AVAILABLE ON www.ccl.gov.in. FOR NON COKING COAL . THE PRICES OF WASHERY GRADE COAL IS AS PER PRICE NOTIFICATION DATED 26-02-2011.In case you wish to update then please update your PAN & CST / LST / TIN with us in Coaljunction, 48 Hours prior to the e-auction date, to be eligible to participate in the e-auction.
7. THE REFUNDS SHALL BE MADE ONLY TO THE A/C NO. AND THE BANK THROUGH WHICH THE COAL VALUE WILL BE DEPOSITED AND AS PER E-MANDATE PROVIDED BY THE CUSTOMER TO CCL. 8. EMD FOR COAL HAVING GCV OF 4300 KCAL AND BELOW WILL BE RS. 400/- PER TONES AND FOR COAL HAVING GCV MORE THAN 4300 KCAL WILL BE RS 500/- PER TONNES . 9. THERE IS NO CHANGE IN NOTIFIED PRICE, EMD AND RESERVE PRICE COMPUTATION OF WASHERY GRADE COAL AND IS AS PER PRICE NOTIFICATION DATED 26-02-2011 .
10. ALL SELECTIVE LOADING IRRESPECTIVE OF MEANS OF LOADING AND MODES OF DISPATCH TO BE CONSIDERED AS LOADING OF STEAM SIZED COAL OF +25 MM. THEREFORE , IN CASE OF SELECTIVE LOADING , A STEAM SIZING CHARGE, WHICH IS PRESENTLY RS. 180/- PER TONNE, BE CHARGED ON THE ROM PRICE ON ACCOUNT OF SIZING.11. IN ADDITION TO ABOVE , BENEFICIATION CHARGE BE LEVIED FOR ALL SELECTIVE LOADING . THE BENEFICIATION CHARGE BE THE PRICE DIFFERENCE AS PER THE GRADES IDENTIFIED IN THEGRADE NOTIFICATION OF THE COAL COMPANY FOR STEAM AND ROM RESPECTIVELY.
12. THE SELECTIVE LOADING CHARGE FROM THE ROM BE THE SUMMATION OF THE SIZING CHARGE i.e. RS. 180/- PER TONNE AND THE DIFFERENCE OF PRICE ARISING OUT OF THEGRADES OF STEAM AND ROM.13. BEFORE PARTICIPATING IN E-AUCTION BIDDERS MUST SATISFY THEMSELVES WITH THE QUALITY OF THE COAL BEING OFFERED FROM A SOURCE, NO COMPLAINT THEREAFTER i.e. AFTER THE AUCTION WILL BE ENTERTAINED BY THE CCL. 14. PARTICIPATION OF AUCTION CONSUMERS IN THE BIDDING PROCESS THROUGH THIS NOTICE WILL MEAN THAT THE BIDDER ACCEPTS AND AGREES FOR ALL THE TERMS AND CONDITION OF SCHEME AS WELL AS THIS NOTICE IN TOTALITY .
   
e-Auction Date EMD Deposit Last Date* Time (Hrs.)
24.12.2014 23.12.2014 12:00
   
 
TRANSACTION PASSWORD IS NOW MANDATORY FOR PARTICIPATION IN ANY E-AUCTION CONDUCTED IN www.coaljunction.in
FOR DETAILS PLEASE CONTACT 1800-419-2000-1.
 
  • In case your EMD balance does not meet the required EMD eligibility criteria, then you won't be allowed to neither view nor participate in an e-auction.
  • Bidders are always requested to check your e-ledger 15mins prior to start of e-auctions and revert back to us with relevant details at coaljunction@mjunction.in if the payment is not uploaded.
  • Bidders are requested to note that wef 17th July'14 EMD deposited through CITIBANK E-collect mode will not be allowed and will not be accepted.
  • All bidders are requested to put their Bidder id number correctly and use system driven RTGS process for EMD deposition process within cut-off time. Failure to comply may result in non uploadation of EMD.
  •  
    You may use our online mode of EMD deposition for depositing EMD 2 hours before the auction start time.
     
    For timely participation in coal e-auctions bidders are requested to instantly report to us any issues related to payment failures/unsuccessful transactions during payment of EMD through ONLINE mode with in cut off time. Delay in reporting might cause inconvenience, even non-participation in e-auctions also.
     
    Bidders are being advised not to do ONLINE transactions while the auctions (in which he/she is participating) are going on as post reporting there might be delay in resolving the issues due to multiple handling of multiple queries from all the such reported cases from various customers in a sequential manner and Coaljunction cannot be held responsible in such cases wherein this might lead to non participation /delay in participation.
     
    *For EMD deposition using RTGS/NEFT mode - We would like to advice our bidders to deposit the EMD's at the earliest to avoid unfavourable incidents like Bank Holidays, Bank Strike, Bandh etc in any part of India on the last date of EMD Deposition.
     
    **Assuming no valid bid received in the last five minutes.
     
    Please visit our website for relevant information.
     
    We urge our esteemed customers to constantly check your User Id & Password so that you can smoothly log in to auction services.
    In case of any problem please write to us at coaljunction@mjunction.in
     
    Customers are requested to send us a simple e-mail at coaljunction@mjunction.in in case if they have Onetime registration and if their validity has expired after three years.
     
    Change in branch timings on Saturdays:-
    Please be informed that Banks will remain open for full day on 1st, 3rd and 5th Saturday of every month. ( Excepting National Holidays ).
    As per the recent notification, RBI has announced public holiday on Second and Fourth Saturday of month and full working day on Saturdays other than second and fourth.
    This change came into effect from 1st of September 2015.
    Accordingly, Bank branches will be closed every second and fourth Saturday.
    Importantly, all other Saturdays in a month will be full working days and cut-off timing for all types of transaction processing would be similar to normal working days.
       
    IMPORTANT POINTS TO BE NOTED
       
    Bid Increment

    (During Scheduled Auction Time)
    Bid Increment

    (During Auto-Extension Time)
    Auto Extention Time
    Rs. 20 Rs. 50 5 minutes
         
    Mode Minimum Bid Quantity
    RAIL 1.00
       
    Important Points to Note:
    1. e-auction Timings/Quantity are subject to change.
    2. e-auction Price is the Basic Price only. Surface Transportation Charges(STC), Statutory Charges, Taxes, Levies & Duties, shall be extra (as applicable) during payment of sale value.
    3. No EMD / Re-registration will be accepted on the day of e-auction.
    4. Please read the Scheme / Terms & Conditions governing the e-auction before participation.
              A.During participation a prompt appears on screen after login.
              B.A participant is allowed to bid in the e-auction only after according acceptance to the Terms and Conditions of e-auction.
              C.On selection of check box and clicking of I Agree button it will be deemed that the participant has accepted the Scheme / Terms & Conditions governing the e-auction.
    5. For details please read the Procedure for e-auction and Important Notice on www.coaljunction.in
     
    Login To: www.coaljunction.in or https://auction.coaljunction.com
       
    PLEASE CHECK NOTICE/ SCHEME ON SITE
     
    =END=.