NMDC`s (National Mineral Development Company) Kumarswamy mines in (Bellary) Karnataka is conducting Iron ore e-auction at Karnataka.
NMDC`s Kumarswamy e-auction is scheduled on 16th of August at Karnataka. The whole bidding process will be organized by MSTC`s monitoring committee. The total quantity of Iron ore offered for sale 2,72,000 MT
Auction will commence at 15:00 HRS IST and conclude by 17:00 HRS IST
Inspection of material will take place between 08.08.13 to 14.08.13
Details of quantity offered for sale:
Iron ore fines 40,000 MT
CLO 1,00,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.
Iron ore fines 32,000 MT
CLO 1,00,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty)
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