IDCOL Re-Issues Tender for Sale of 10,000 MT Low Grade Chrome Ore

Industrial Development Corporation of Odisha Limited (IDCOL) had floated a tender for sale of 10,000 MT Low grade chrome ore with technical bids scheduled on 18 Feb’16. But, because of less participation of bidders, they have canceled their previous tender and now they have issued the similar tender again. The tentative quantity for the sale is 10,000 MT.

The material is from Talangi mines, Jajpur (Odisha). Bidders are advised to do the inspection of material before bidding as the bids will be accepted on the assumption that bidders have inspected the material.

Grade: Below 30% Cr2O3

Validity of offer: Bids will be valid for a period of 60 days from the last date of submission.

Delivery: The delivery of material should be done by trucks and the bidder need to ensure that the loaded trucks are to be covered with tarpaulin during transport.

Eligibility criteria: Bidder shall submit the copy of following documents:

1) Memorandum and articles of association of the company and DIC registration certificate
2) Consent to operate from State Pollution Control Board
3) Sales tax registration certificate
4) IBM registration certificate
5) Must have option for using LGCO for value addition
6) Lease holders of mines are not eligible

Tender schedule

Bid submission due date: 14 Mar’16 at 11:00 hrs IST
Technical bid opening: 14 Mar’16 at 11:30 hrs IST
Price bid opening: 14 Mar’16 at 15:30 hrs IST


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