India: BALCO to conduct Auction for Scrap

Bharat Aluminium Company Limited (BALCO), one of the leading Aluminium producer company in the state of Chhatisgarh, is conducting auction for sale of different lots of MS & CI scrap from its plant located in Korba, Chhattisgarh.

The sale of all the material are strictly on ‘As is Where is’, ‘No Complaint’ & ‘Wet, Dry or Rusty’ basis.

General Conditions

  • Goods will be sold at reserve price fixed by the Seller. The Seller is not bound to accept the highest offer. The Seller reserves the right to reject any conditional offers
  • Rate including all taxes (such as Excise, Sales Tax, TCS or any other taxes) will be charged extra at the time of delivery. Offered rate shall be exclusive rate of all taxes
  • Buyers shall not be allowed to resell any lot or goods
  • Loading, unloading & handling charge will be borne by buyer only at their own cost & risk. Non availability of the same will not be considered as a ground for ‘Late-Lifting’ of the materials
  • Customers for which CST is applicable will have to submit C-form at the time of lifting of material, otherwise full sales tax will be charged. Differential amount of taxes will be withheld from party’s account and will be released after submitting of C-form along with annexure
  • The purchaser must lift the entire quantity within the prescribed time

Materials

Material

Quantity in MT

HRM Pinion Roll Scrap

25

Mixed MS Light Scrap

60

Mixed MS Scrap

682

Concrete Attached Mixed MS Scrap

15

Rubber Attached Mixed MS Scrap

20

Motor/Transformer Scrap

21

Mixed Ms Scrap with CI/Rail link

291

Deformed MS/GI Sheet Scrap

35

MS Belt/Pipe scrap

12.7

CI Waste Slag/ with or without Al Attached/Heavy machine Scrap

35

MS Collector Bar Scrap

182

SS Scrap

21

Other Scrap

65

Grand Total

1464.7


Total Quantity: 
1,465 MT (Approx)

Important Time & Dates

  • Tender (Bid) submission due date: 17.00 hrs IST on 25 Apr, 2014
  • Bid opening date: 09.00 hrs IST on 26 Apr, 2014

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