e-Auction Schedule

Seller : MCL

Mode : ROAD
Version Number : 1

Date of Hoisting : 13.01.2020
   

Catalog Name:- Special Forward e-Auction of MCL-ROAD Dt:24.01.2020 Qty offered 4800000MT

Lot No Source Size/Grade EMD Rate per MT Quantity Reserve Price(Rs/MT) e-Auction Date Auction Start Time (Hrs) Auction Stop Time (Hrs)**
1 HINGULA OCP 3401-3700 (-)100MM (JAN 2020-MAR 2020) 2000000MT 3401-3700  (-)100MM 99.00 2000000 MT 981.00 24.01.2020 12:15 14:15
2 BALARAM OCP 3401-3700 (-) 100 MM (JAN 2020-MAR 2020) 300000MT 3401-3700  (-) 100 MM 99.00 300000 MT 981.00 24.01.2020 12:15 14:15
3 BHUBANESWARI OCP 3701-4000 (-)100MM (JAN 2020-MAR 2020) 100000MT 3701-4000  (-)100MM 107.00 100000 MT 1064.00 24.01.2020 12:15 14:15
4 JAGANNATH OCP 3701-4000 (-) 100 MM (JAN 2020-MAR 2020) 100000MT 3701-4000  (-) 100 MM 107.00 100000 MT 1064.00 24.01.2020 12:15 14:15
5 ANANTA OCP 3701-4000 (-) 100 MM (JAN 2020-MAR 2020) 100000MT 3701-4000  (-) 100 MM 107.00 100000 MT 1064.00 24.01.2020 12:15 14:15
6 BELPAHAR OCP 3101-3400 (-) 100 MM (JAN 2020-MAR 2020) 300000MT 3101-3400  (-) 100 MM 90.00 300000 MT 898.00 24.01.2020 12:15 14:15
7 LAKHANPUR OCP 3101-3400 (-) 100 MM (JAN 2020-MAR 2020) 500000MT 3101-3400  (-) 100 MM 90.00 500000 MT 898.00 24.01.2020 12:15 14:15
8 KULDA OCP 3101-3400 (-) 100 MM (JAN 2020-MAR 2020) 500000MT 3101-3400  (-) 100 MM 90.00 500000 MT 898.00 24.01.2020 12:15 14:15
9 GARJANBAHAL OCP 2801-3100 (-) 100 MM (JAN 2020-MAR 2020) 900000MT 2801-3100  (-) 100 MM 71.00 900000 MT 708.00 24.01.2020 12:15 14:15
   
Acceptable Bid Multiple = 4000 MT. This is a CIL auction. All bidders should login with their DSC 24 working hours before e-auction start time to familiarize themselves with DSC operations. All buyers are requested to check the Scheme / Terms & Conditions / Notice in details before e-auction participation.
Please update your GST with us in Coaljunction, 48 Hours prior to the e-auction date, to be eligible to participate in the e-auction.
Please deposit EMD using any of the below mentioned modes : a) IDBI / INDUS IND RTGS b) Online Payment Gateway. Please go through the entire schedule for details like last date of submission of EMD etc.
Please refer to the Offer & Notices published in www.coaljunction.in for Terms & Conditions of MCL SPECIAL FORWARD E-AUCTION FOR POWER PRODUCERS (Excl. CPPs) for 2019-20-PHASE-V (JAN 2020-MAR 2020).
(.) Reserve Price is excluding Statutory Charges, STC, etc. which will be charged extra as per notification/applicable. (*) 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 is available in the website of MCL. (****) In case of revision of grade of any of the source(s) the same will be dealt as per CIL letter:-CIL/S&M:Special E-auction:547 dtd 13.05.2016.
   
e-Auction Date EMD Deposit Last Date* Time (Hrs.)
24.01.2020 23.01.2020 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 First 2 Hrs of Auto-Extension Time)
    Bid Increment

    (Beyond 2 Hrs of Auto-Extension Time)
    Auto Extention Time
    Rs. 10 Rs. 20 Rs. 20 5 minutes
         
    Mode Minimum Bid Quantity
    ROAD 4000.00
       
    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
     
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