Industrial Development Corporation of Odisha Limited (IDCOL) has issued a tender for sale of 50,000 MT (tentative quantity) Low Grade Chrome Ore Fines (LGCO) to be dispatched by road from Talangi Chromite Mines, Jajpur (Odisha).
Specification: Below 30% Cr2O3
Company kept the reserve prices as INR 1,250 PMT exclusive of royalty, DMF, taxes and duties. Bidders are not allowed to quote for quantity less than 15,000 MT.
IDCOL advised the interested parties to inspect the material at Talangi Chromite Mines before submitting the bids.
Validity of offer: Offer submitted by bidder shall be valid for the period of 60 days from the last date of submission.
Bidders are requested to submit the copy of following documents during bidding process:
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 (VAT/CST/TIN)
4. IBM registration certificate
5. Lease holders of mines are not eligible
Tender schedule (IST)
Bid submission due date: 9 Dec’16 at 11:00 hrs
Technical bid opening: 9 Dec’16 at 11:30 hrs
Price bid opening: 9 Dec’16 at 15:30 hrs

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