MSTC Limited, on behalf of Indian Oil Corporation Limited (IOCL), will conduct an E-auction for selling 90,000 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 31 Oct’18 to 30 Nov’18 on working days.
The bids will be open on 29 Oct’18 at 11:00 Hrs and will close at 13.00 Hrs.
For contact details and other information view TENDER SECTION
PRICE ASSESSMENTS:
The latest offers for pet coke (6.5% Sulphur) from USA are assessed at around USD 102/MT CNF India, while offers for pet coke (9% Sulphur) from Saudi Arabia are assessed at around USD 98/MT CNF India.
Currently, Indian domestic prices of pet coke are INR 9,650/MT (Reliance Industries Ltd.) and INR 8,370/MT (Mangalore Refinery and Petrochemicals Ltd.).
N.B.:
i. The above prices are effective 1 Oct’18.
ii. These prices are exclusive of GST @18%.
iii. The MRPL price is for pet coke transported by rake/barge.
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