Kudremukh Iron ore Company Limited (KIOCL), the largest state owned manufacturer of Iron ore Pellet (Fe% 63) in India, with 3.5 MnT per annum installed capacity.
It has floated an Iron ore fines purchase tender, which is required on an urgent basis, for its Pellet plant at Panambur, Mangalore.
Though, KIOCL is in long term contracts with NMDC for procurement of Iron ore fines in total, it has floated the tender for secured supply of the raw material from other sources.
The total quantity required is 100,000 WMT with Fe% above 64.
Prices to be quoted based on the “Total delivered cost” at Pellet Plant, KIOCL, Mangalore Stock Yard, including all taxes & statutory levies as applicable and freight charges, except CST/VAT.
Tender due date is June 5 at 14.00 hrs IST
Opening of techno commercial bids is June 5 at 15.00 hrs IST
In a month's time the entire quantity is to be supplied as 50,000 WMT each.
Supplies can be made by Road and through Road cum sea route by Coastal movement.
KIOCL resumes production of Pellet at 100% capacity, which was on hold mid-February onward, as it was holding stock of Pellet in sufficient quantity earlier.
Due to no exports of Pellet in FY 2012-13, the procurement of iron ore fines has come down.
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