India: KIOCL looks for EOI to Supply Iron Ore

KIOCL (formerly Kudremukh Iron Ore Company), a PSU under Ministry of Steel. It is inviting Expression of Interest (EOI), from reputed Mining Companies/ Traders/ Stockiest for empanelment of suppliers for supply of Iron ore from indigenous sources.

Participation will be based on online bidding cum reverse e-auction. 

General Conditions:

• Bidder must have minimum turnover of INR 50 million in past three years.
• The Bidder should be financially sound in this regards and has to submit Certificate (e.g Solvency Certificate).
• Bidders are requested to submit their quotations only in INR, on the basis of “Total Delivered Cost” at Pellet Plant, KIOCL, Mangalore Stock Yard.
• Statutory Levies and Taxes: Price quoted should be inclusive of all taxes and statutory levies except VAT/CST.

Specification: Iron ore Fines

•  Fe: 64%
• SiO₂ + Al₂O₃: 6% max (Al₂O₃-2% max)
• Moisture: 5% max
• Sulphur: 0.01% max
• Phosphorus: 0.04% max
• Size: (-) 10mm

Delivery:
Supplies can be made by road or through rail. It also can be made through road cum sea route or through rail cum sea route by coastal movement.

Validity:
The offer to be kept valid for 30 days from the date of online bidding cum reverse e-auction. Tenders with inadequate validity will be rejected.

Important Date:
Bid submission due date: Before 07 Jan, 2014