e-Auction Schedule

Seller : SAIL Collieries Division

Mode : ROAD
Version Number : 1

Date of Hoisting : 10.04.2024

Catalog Name:- Spot e-Auction of SAIL Collieries Division-ROAD Dt:16.04.2024 Qty offered 2000MT

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 Rangi Jhama Old Laikdih Depot RAMNAGORE Colliery (as produced / arising and no complaint basis) 2000MT RAMNAGORE 
250.00 2000 MT 5500.00 16.04.2024 11:30 12:30
Acceptable Bid Multiple = 500 MT. CIL One Time Fee & DSC are not required to participate in the NonCIL e-auction. All buyers are requested to check the Scheme / Terms & Conditions / Notice in detailsbefore e-auction participation.
Any Indian Buyer (viz.,Proprietary Concern, Partnership Firm, Company or any other business /commercial entity) can participate in the E-Auction for procurement of the above materials. Theintending Buyers can bid for the minimum stipulated quantity above or for any higher quantity [inmultiples of 500 MTs each] upto the Total Quantity on Offer
NOTE:-The Bid Value / Price to be quoted during the OFA shall be the consolidated Price of thematerial in Rupees per MT, exclusive of the statutory Taxes & Duties like GST, TCS, CleanEnvironment Cess, as applicable. Increase / fresh imposition of statutory Taxes & Duties, & Levies, ifany, during the period of contract shall be to the account of the successful Bidder / Buyer.
Contact person from Coaljunction :- Arijit Paul (Mobile - 9163348277). The intending Buyers maybefore participation refer to the process of deposit of EMD, E-Auction Terms and Conditions /Scheme etc. The E-Auction methodology and Notice for Sale shall be available on the Websites ofSAIL:www.sailtenders.co.in and M/s. mjunction Services Ltd.:www.coaljunction.in.
Please update your GST with us in Coaljunction, 48 Hours prior to the e-auction date, to be eligible toparticipate in the e-auction.
Please deposit EMD using any of the below mentioned modes : a) IDBI / INDUSIND RTGS b) OnlinePayment Gateway. Please go through the entire schedule for details like last date of submission ofEMD etc. The Reserve Price / Start Bid Value / Price would be displayed as Start Bid Price in thebidding page.
e-Auction Date EMD Deposit Last Date* Time (Hrs.)
16.04.2024 16.04.2024 10:30
  • 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.
    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 500.00
    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