e-Auction Schedule

Seller : SCCL

Mode : RAIL
Version Number : 1

Date of Hoisting : 21.06.2022
   

Catalog Name:- Spot e-Auction of SCCL-RAIL Dt:30.06.2022 Qty offered 50RAKE

Lot No Source Size/Grade EMD Rate per MT Quantity
(1 RAKE = 4150 MT)
Reserve Price(Rs/MT) e-Auction Date Auction Start Time (Hrs) Auction Stop Time (Hrs)**
1 YLD CHP G15- CRR (YELLANDU)-SPSG 50RAKE G15-  CRR 200.00 50 RAKE 2040.00 30.06.2022 12:15 14:15
   
Acceptable Bid Multiple = 1 Rake. This is a NON CIL e-auction. CIL One Time Fee & DSC are not required to participate in the Non-CIL e-auction. TRANSACTION PASSWORD IS MANDATORY FOR PARTICIPATION IN E AUCTION. FOR DETAILS PLEASE CONTACT 1800-419-2000-1.All buyers are requested to check the Scheme / Terms & Conditions / Notice in details before e-auction participation.
Kindly Note :: As per the SCCL Spot e-Auction Scheme, only the consumers registered with SCCL can participate in the SCCL e-Auction. If any of the successful bidder is found in-eligible for the consumer status after the e-auction result then the bid of the said successful bidder shall be deemed as invalid-bid and the equivalent EMD shall be forfeited.
Dear Customer, This is to inform you that for participating in Spot e Auction of SCCL you must have SCCL Customer Codes. In case you do not have SCCL code, please contact Marketing Dept. of SCCL Hyderabad at 040-23372049 or www.scclmines.com. This is a mandatory requirement of SCCL & you are requested to comply with it. Codes once taken will remain active till expiry of registration.
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.
All Buyers having been registered with the service providers shall also have to furnish non-interest bearing Earnest Money Deposit (EMD) at the rate of Rs.200/- per tonne for all grades with the Service Provider for participation in e-auction. In case of washery slurry, washery rejects, washery fines, STPP Mill- rejects and low grade coal the EMD is Rs.50/Tonne.
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.
   
e-Auction Date EMD Deposit Last Date* Time (Hrs.)
30.06.2022 29.06.2022 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
     
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