Two e-auction for Iron ore at Karnataka on 11/07/2013

Iron ore e-auction on behalf of monitoring committee for various mines and stockyards in the states of Karnataka..Two auctions are scheduled on 11.07.2013. 

Auction:1 Total quantity of iron ore offered for sale is 6,84,000 MT . 

Auction:2 Total quantity offered for sale is 3,24,000 MT

The opening and closing date for both the auction is same 11.7.2013. 

Auction:1 Inspection of material will take place on 03.07.2013 to 10.07.2013

Auction:2 Inspection of material will take place on 04.07.2013 to 10.07.2013

Details of quantity offered for sale: Auction:1

ROM 6,28,000 MT

Iron ore lumps 20,000 MT

Iron ore fines 36,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Details of quantity offered for sale:Auction:2

ROM 2,84,000 MT

Iron ore lumps 32,000 MT

Iron ore fines 8,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.


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