e-Auction Schedule

Seller : SECL

Mode : ROAD
Version Number : 2

Date of Hoisting : 26.03.2020

Catalog Name:- Spot e-Auction SECL-ROAD Dt:20.04.2020 Qty offered 38000MT

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 CIL Coke from Dankuni Coal Complex - (+35 mm) (CIL Coke generated out of G-4 & G-5 ROM non-coking coal of ECL & SECL collieries) 10000MT -  (+35 mm) 500.00 10000 MT 7154.00 20.04.2020 11:45 13:45
2 Coal Fines from Dankuni Coal Complex - (0-25mm) (Coal fines generated out of G-4 & G-5 ROM Coal) 18000MT -  (0-25mm) 500.00 18000 MT 4481.00 20.04.2020 11:45 13:45
3 Coke Fines from Dankuni Coal Complex - (6-35 mm) (Coke Fines generated out of G-4 & G-5 ROM non-coking coal of ECL & SECL collieries.) 10000MT -  (6-35 mm) 500.00 10000 MT 7154.00 20.04.2020 11:45 13:45
Acceptable Bid Multiple = 50 MT. This is a CIL e-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.
The successful bidders of Coke/Coal products through Road mode shall have to remit full Coke/Coal product value through NEFT/RTGS in favour of CIL a/c Dankuni Coal Complex along with application directly at Dankuni Coal Complex, Kolkata Office, 13, R.N. Mukherjee Road (Coal House), 1st floor Kolkata-1(As per clause 5 & 6 of Terms and Conditions of Spot e-Auction). Bank details are provided in Annexure-A.
All successful e-Auction Bidders are hereby advised to declare destination [District/State Name] in NEFT/RTGS slip at the time of deposition of coal value by the way of NEFT/RTGS and same slip may be enclosed along with the application form.
Please deposit EMD using any of the below mentioned modes : IDBI / INDUSIND RTGS b) Online Payment Gateway. Please go through the entire schedule for details like last date of submission of EMD etc.
(*)CIL Coke generated out of G-4 & G-5 ROM non-coking coal of ECL & SECL collieries. Buyers are requested to visit the site and to take sample of CIL Coke for their own satisfaction before participating in the e-auction.
(**)Coke Fines generated out of G-4 & G-5 ROM non-coking coal of ECL & SECL collieries. Buyers are requested to visit the site and to take sample of Coke Fines for their own satisfaction before participating in the e-auction. The Coke Fines consist of size less than 35 mm. the buyers should take out the fraction 6 to 35 mm by screening out of coke fines manually at the site at their own coat while lifting up the product.
e-Auction Date EMD Deposit Last Date* Time (Hrs.)
20.04.2020 18.04.2020 11:00
  • 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.
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    In case of any problem please write to us at coaljunction@mjunction.in
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    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.
    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. 50 5 minutes
    Mode Minimum Bid Quantity
    ROAD 50.00
    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
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