MSTC Limited, on behalf of Indian Oil Corporation Limited (IOCL), will conduct an E-auction for selling 80,000 MT of Petcoke from the Paradip refinery of IOCL.
The prospective bidders will have to deposit a pre-bid Earnest Money Deposit of INR 10, 00,000 for participating in the E-auction irrespective of their bid quantities.
Delivery Period is from 01 Sep’18 to 30 Sep’18 on working days.
The bids will be open on 30 Aug’18 at 11:00 Hrs and will close at 13.00 Hrs.
For contact details and other information view TENDER SECTION
Reliance Industries Limited (RIL), the country’s largest pet coke producer having approximately 40% share, has decreased its price to INR 9,200/MT, with effect from 25 Aug’18. It is INR 750 lower as compared to its previous price.
Mangalore Refinery & Petrochemicals Ltd. (MRPL) has not yet lowered its pet coke price, which remains at INR 8,750/MT.
The latest offers for pet coke (6.5% sulphur) from USA are assessed at around USD 125/MT CNF India, while offers for pet coke (9% sulphur) from Saudi Arabia are assessed at around USD 119/MT CNF India
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