E-aution for Iron Ore in Karnataka is to be held on 2nd August '13.
The total quantity of Iron ore offered for sale is 3,44,000 MT by various mines & stockyards in Karnataka.
The whole bidding process is conducted by MSTC, monitoring committee.
The opening and closing date of the E-auction would be 2nd August '13.
Opening time of auction 15:00 Hrs IST and Closing time 17:00 Hrs IST
Inspection of material will take place between 26.07.13 to 01.08.13
Details of Quantity offered:
Iron ore fines 56,000 MT
ROM 2,60,000 MT
Iron ore lumps 28,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable
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