India: MMTC invites bids for domestic sale of coke

MMTC on behalf of Neelachal Ispat Nigam Limited (NINL) has scheduled a tender for sale of different grades of coke against which bids have been invited from the buyers/traders.

The process is to be carried out in a two-bid system, comprising of technical and price bids quoted on Ex-plant basis exclusive of GST, freight and other statutory duties/levies/taxes.

Consequently, the H1 bidder will qualify as the successful bidder for the particular lot, against which delivery would be made upon receipt of 100% payment in advance by the seller.

Coke products listed for sale

Coke Product Number of Lots Lot Size Total Quantity
LAM Coke 10 1,000 10,000
Coke Breeze 10 1,000 10,000
Nut Coke 10 500 5,000

Quantity in Metric Tonne

Salient features:

*Bidder has to deposit an amount of INR 100,000 as EMD through DD/Online transfer in MMTC account for each coke products.

*Sale would be made on first-come-first-serve basis. Railway indent or loading of trucks will be based on the sequence of payment received.

Important Dates:

* Due date for bid submission: 22 Dec ’20
*Opening of Technical bids: 22 Dec ’20
* Opening of Price bids: 23 Dec ’20


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