OCPL G14 Grade Coal Auction No. 28934 Dt. 20.10.2023
OCPL G14 Grade Coal Auction No. 28934 Dt. 20.10.2023
Auction Details
Auction No MSTC/BBR/ODISHA COAL AND POWER LIMITED/9/BHUBANESWAR/23-24/28934[402400] Type : U
Opening Date
& Time[View Date] 20-10-2023::11:00:00[10-10-2023]
Scheduled Time Closed At
Closing Date & Time
20-10-2023::14:00:00 20-10-2023::14:00:00
Inspection From Date 11-10-2023
Inspection Closing Date 19-10-2023
EMD Type Item Wise EMD
Event Category Coal
Auto Activation Enabled NO
Prepared By mramavath Time: 2023-10-10 17:39:06
Verified By santosh Time: 2023-10-10 17:42:29
Last Edited By mramavath Time: 2023-10-10 17:43:43
STA Percent: 10.0 EMD submission within: 7 days
At source (Yes/No): Yes Service Charge with GST: 0.00000%
TDS percentage: 10.0 Work Up to: DO
Currency: INR Auction Activation Status: pending
Seller Details
Seller /Company Name ODISHA COAL AND POWER LIMITED/MSTC/ODISHA COAL AND POWER LIMITED/BHUBANESWAR/24555
Location BHUBANESWAR
Street ZONE A,GROUND FLOOR, FORTUNE TOWER,CHANDRASEKHARPUR
City BHUBANESWAR-751023
Country INDIA
Telephone 06742300654
Fax
Email [email protected]
Contact Person AYASKANT KANUNGO
Total No of Lots = 1
Rule Book Details
S.No. Unit Min Booking Multiple Threshold
1 MT 2000 500.0 2000.0
MPQ Details
S.No. Lot No Unit Con. MAX EMD Incr 1 Incr 2
1 1 MT 1.0 0.0 500.0 10.0 20.0
SPECIAL TERMS & CONDITION
ALL CONTRACTS/TRANSACTIONS ENTERED INTO BY THE BUYER/BIDDER ARISING OUT OF THIS E-AUCTION SHALL BE GOVERNED BY THE INTEGRITY PACT AVAILABLE ON OUR WEBSITE,
www.mstcindia.co.in.
#For any discrepancy in the lot name/ description/location mentioned above, e-auction notice attached in the PDF format may be referred & same shall be final#
Having GST registration is mandatory for the bidders to participate in the E-Auction. Post-auction, if the successful Bidder fails to provide his GST registration certificate, Their EMD would be liable to be
forfeited.
Contact Person at MSTC: Ramavath Mahesh,DM, Ph:-0674-2544199, 8801281004, Mail Id: [email protected]
STEP5 REMIT THE PRE BID EMD AMOUNT TO BENEFICIARY A/C DETAILS GENERATED BY SYSTEM (PNB/SBI/INDUSIND/AXIS)
If the EMD ledger is not updated with the deposited amount by next day, bidder has to send i) MSTC Portal generated challan copy
and ii) Deposit / Transaction reference number to email ids: [email protected] , [email protected] &
[email protected] for crediting to EMD ledger
In order to participate in bidding for lots which require pre bid EMD, the bidder is required to have sufficient balance in the EMD wallet provided to
the bidder for the purpose. A bidder can add money to its EMD wallet anytime through e-payment mode only and by following the link Pay Pre Bid
EMD provided in the dashboard. Bidders in their own interest are advised to keep sufficient balance in their EMD wallet to bid in any auction and
avoid any last minute hiccup. MSTC/Seller shall not be responsible for any delay in crediting of the money in MSTC's bank account due to any
reason resulting in delay in updating the EMD wallet of the bidder.
The EMD should be deposited with MSTC . The EMD amount should commensurate with the bidding quantity. The bidding shall no way exceed the quantity for which EMD is deposited by the buyer. For
Refunds, Bidders need to request through the link EMD Refund Request. Refund to bidder as per their online request will be processed on the next working day.
In these terms and conditions OCPL is referred to as the seller. Buyers & Bidders used in the following
paragraphs mean the one and same.
1. Eligibility :
Any Indian Buyer (viz. individual, partnership firm, companies etc.) can participate in e-Auction for
procurement of coal.
2. Registration:
2.1 Before participation in the e-Auction, a prospective buyer shall be required to get itself/himself
registered with the website https://www.mstcecommerce.com/auctionhome/ocpl/index.jsp) of MSTC Limited by
submitting an application in the prescribed format available on the website alongwith applicable
registration fee. Registration can be done online only. During the registration process, the bidder’s email
and mobile number shall be validated through OTP (One Time Password).
2.2 After the registration, all-prospective Buyers will have an self-generated 'Unique User ID' & a
'password' based on which they can log in. Details of the registration process with the service provider will
be available in the website.
2.3 Upon successful registration, each buyer shall be issued a 'Photo Identity Card' duly authenticating the
identity & signature, indicating a 'Unique Registration Number' allotted to the buyer.
2.4 Pre Bid Earnest Money Deposit (EMD): All interested registered buyers shall be required to deposit
in advance non-interest bearing EMD of Rs.500 per MT for all grades of coal.
The MSTC Ltd shall collect pre-bid non-interest bearing EMD from the prospective bidders to enable them
to participate in the e-auction. The EMD amount shall be displayed lot wise for each lot against respective
grade. The pre-bid EMD amount needs to be paid by the participating buyers through MSTC's e-commerce
portal through below mentioned link provided in the buyer account.
In order to participate in bidding for lots which require pre bid EMD, the bidder is required to have
sufficient balance in the EMD wallet provided to the bidder for the purpose. A bidder can add money to its
EMD wallet anytime through e-payment mode only and by following the link Pay Pre Bid EMD provided in
the dashboard. Bidders in their own interest are advised to keep sufficient balance in their EMD wallet to
bid in any auction and avoid any last minute hiccup. MSTC/Seller shall not be responsible for any delay in
crediting of the money in MSTC’s bank account due to any reason resulting in delay in updating the EMD
wallet of the bidder.
Bidders after successful login will get three new links at their homepage as:
Pre-Bid EMD must be paid by the bidder (NEFT/RTGS) through "Pay Pre-Bid EMD"link.
The buyer should check the EMD Ledger link after making the payment and the same
amount should be reflected in this link.
For Refunds, Bidders need to request through the link EMD Refund Request. Refund to
bidder as per their online request will also be processed on the next working day.
ENTER BUYER USER ID & PASSWORD
https://www.mstcecommerce.com/auctionhome/ocpl/index.jsp
STEP1
STEP2 CLICK ON "Pay Pre-Bid EMD" link
STEP3 Against Prebid EMD fee, insert the total Pre Bid EMD you want to pay
STEP4 CLICKON RTGS/NEFT link and fill RTGS FUNDS TRANSFER APPLICATION FORM WITH YOUR
DEBIT BANK A/C DETAILS and select anyone bank option SBI/PNB/INDUSIND/AXIS then CLICK ON
GENERATE CHALLAN
STEP5 REMIT THE PRE BID EMD AMOUNT TO BENEFICIARY A/C DETAILS GENERATED BY
SYSTEM (PNB/SBI/INDUSIND/AXIS)
If the EMD ledger is not updated with the deposited amount by next day, bidder has to send i) MSTC Portal
generated challan copy and ii) Deposit / Transaction reference number to email ids: [email protected] ,
[email protected] & [email protected] for crediting to EMD ledger.
3. Notification:
3.1 OCPL shall finalize schedule of e-Auction for sale of coal and notify through the website of MSTC
Limited for information of interested bidders. Interested bidders are advised to regularly visit the website
of MSTC Limited for getting information of upcoming e-Auctions. Normally, notification for upcoming e-
Auctions shall be published seven days before the date of e-Auction.
4. Bidding Process:
4.1 The registered Bidders shall be required to record their acceptance after login, of the Terms &
Conditions of the e-Auction before participation in the actual Bidding Process.
4.2 Before participating in e-Auction, bidders are to satisfy themselves with the quality of coal being
offered from a source.
4.3 Prospective Bidders are entitled to bid for the quantity to the extent of amount of EMD which is
available with MSTC Limited in the bidder's account at the time of bidding.
4.4 The Buyers while bidding shall quote their 'Bid Price' per tonne in Indian Rupee as base coal price on
FOR/FOB colliery basis, exclusive of other charges like statutory levies, surface transportation charges,
sizing/beneficiation charges, taxes, cess, royalty, SED & any other charges as will be applicable at the
time of delivery. These charges as well as freight etc. shall be on the Buyers' account.
4.5 The bidder has to bid for a price equal to or above the reserve/start/floor price to secure consideration
in the concerned e-Auction. The reserve/start/floor price shall be the notified coal price in “National Coal
Index” prevailing at the time of e-auction notification.
4.6 The date, time and period of e-Auction as notified in advance including closing time on portal of MSTC
Limited shall be adhered to but for the event of force majeure. However, the closing time of e-Auction will
be automatically extended up to last Bid time, plus 8 minutes, so that opportunity is given to other
Bidders for making an improved Bid on that item.
4.7 The Bidder shall offer his Bid price (per tonne) in the increment of Rs.10/- (Rs. ten) or multiple thereof
during the normal e-Auction period. During the extended period, the Bidder shall offer his Bid price in the
increment of Rs.20/- (Rs. twenty) or multiple thereof.
4.8 While maintaining the secrecy of Bidder's identity, the web site shall register and display on screen the
lowest successful Bid price at that point of time. The system will not allow a Bidder to Bid in excess of its
entitled quantity as per its EMD. However once a Bidder is out-bided by another (in part or full) the
particular Bidder shall become eligible for making an improved Bid.
Till the offered quantity is exhausted, bidders quoting price equal to or higher than the reserve/start/floor
price shall be allocated its bid quantity.
Once the offered quantity is exhausted, in order to allocate coal to a bidder quoting higher price than bid
price at which some quantity has been provisionally allocated at that point of time, allocated coal shall be
de-allocated from bidders having provisional allocation at lower price(s) starting with the lowest price at
that point of time and progressively moving up to higher prices. If two or more bidders have provisional
allocation at the same price, de-allocation shall take place in ascending order of provisionally allotted
quantity till bidder quoting the higher price is allocated its bid quantity. In case two or more bidders have
the same allocated quantity at the same price, then de-allocation, if needed, shall be done giving
preference to bidder who quoted the bid earlier than the others which resulted in such allocation.
4.10 All allocations shown during to the bidders during e-Auction are provisional.
4.11 Minimum Bid Quantity in e-Auction is 2000 tonnes. Incremental Bid Quantity shall be in multiples of
500 tonnes. No allocation below 2000 tonnes per bidder shall be made.
5.2 The successful bidders after the e-Auction, will be required to deposit coal value minus the EMD for
the allocated quantity directly to OCPL within a period of ten (10) calendar days (Excluding the date of
closing of e-auction) after the date of closing of e- Auction. It is the responsibility of buyer to intimate the
payment details to MSTC dealing officer ([email protected]) after remittance of coal value to OCPL
account.
5.3 Equivalent amount of EMD of successful bidder corresponding to successful bid quantity, shall be
blocked and will be transferred to OCPL by MSTC Limited along-with the sale order in respect of successful
bidders.
6. Terms of payment:
6.1 The coal value to be deposited in advance by the successful bidders shall be computed and deposited
after making provision for the EMD amount for the successful bid quantity already transferred by MSTC
Limited to OCPL. In other words, the coal value to be deposited and EMD amount together, shall be
equivalent to the 100% coal value.
6.2 Payment towards coal value is to be made to OCPL directly only through electronic fund transfer
method as per the following details.
Beneficiary Name: M/s Odisha Coal and Power Limited Beneficiary Account Number: 380805010000246 ,
IFSC Code: UBIN0578827
Beneficiary Bank Name: Union Bank of India, Mid Corporate Branch, Saheed Nagar ,Bhubaneswar
On receipt of the payment, Delivery Orders shall be issued within three calendar days by OCPL/MSTC.
In case of successful bidders, if the coal value is deposited for less than the allotted Quantity but not
below 50% of the allotted quantity or, 1000 tonne whichever is higher, OCPL shall accept the payment for
the said amount and forfeit the EMD for the failed quantity. However if the buyer fails to deposit the coal
value for at least 50% of the allotted quantity or 1000 tonnes, whichever is higher, then the entire EMD of
the allotted quantity shall be forfeited.
6.3 DEFAULT IN PAYMENT OF BALANCE PAYMENT: In case of default in payment of the balance sale value
incl taxes and duties within the prescribed time limits, the due payment may be made together with late
payment charges @ 1% per week or part thereof calculated on the balance sale Value incl. taxes and
duties for a maximum period of two weeks. However, this shall not confer any right to the Bidder to make
any Late Payment of Balance Sale Value or applicable Duties and Taxes and MSTC/Seller reserves the
right not to accept the payment of the Balance Sale Value with or without additional charges after expiry
of due payment time as mentioned above. If the buyer fails to pay the balance material value along with
applicable Duties and Taxes & late payment charges within above mentioned due date, then Pre bid
EMD/SD of particular lot will stand forfeited automatically.“
In addition to the bid value quoted by the bidder, other applicable charges are given below.
Sl Type of Charge Applicable Rate Applicable Rate
No (for G-14 Grade Coal) (for G-17 Grade Coal)
1 Crushing / Sizing Rs 87 per tonne Rs 56 per tonne
(for -100 mm size coal) (for -250 mm size coal)
2 Evacuation facility charges Rs 60 per tonne Rs 60 per tonne
3 Surface Transportation Charges Rs 106/Tonne Rs 106/Tonne
4 Royalty @ 14 % of bid value @ 14 % of bid value
5 NMET Royalty Central @ 2% of Royalty @ 2% of Royalty
6 DMF Royalty State @ 10% of Royalty @ 10% of Royalty
7 Additional Amount (as per @ 14% of Representative price of @ 14% of Representative
Mineral Concession G-14 grade coal as per prevailing price of G-17 grade coal
AmendmentRules-2021) National Coal Index. as per prevailing National
Coal Index.
8 GST 5% 5%
9 State compensation cess Rs 400 per tone Rs 400 per tone
10 TCS @ 1% @ 1%
Disclaimer: The above charges or as applicable from time to time shall have to be paid by the
bidder.
By Road :
7.1 OCPL shall issue Sale/Delivery Orders to the successful bidders after realisation of payment. The Buyer
has to submit the option before the issue of the Sale/Delivery Order for movement of the coal 'within
state' or 'outside state' and the Sale/Delivery Order would indicate the same accordingly. However, the
challan issued by OCPL shall indicate the destination.
7.2 The validity period to complete lifting of coal by road shall be Fifty-Five (55) calendar days from the date of
closing of E-Auction (Excluding the date of closing of E-Auction). No extension of validity will be allowed in any
case. It is the responsibility of buyer to intimate the payment details to MSTC dealing officer
([email protected]) after remittance of coal value to OCPL account for issuance of Delivery Order by
MSTC.
In case of unsuccessful bidders, EMD shall be refunded by MSTC Limited after the auction is over, on the
bidder's request. However, if no such request is received MSTC Limited will retain the EMD for participation
in e-Auction in future.
9. Forfeiture of EMD :
The EMD submitted by the successful Bidders will be liable for forfeiture in the following cases :
9.1 If after completion of e-Auction, a successful bidder fails to make payment for the coal value including
all other charges within the stipulated time, the proportionate EMD equivalent to the failed quantity shall
be forfeited and/or
9.2 If the successful bidders does not lift the booked quantity within the stipulated validity period, the
proportionate Security Deposit @ Rs.500/- per tonne (as converted from the EMD amount) for the unlifted
quantity would be forfeited. Such forfeiture shall be made only if the balance Unlifted Quantity is equal or
more than a Truck Load i.e.9 or 10 tonnes as applicable.
Such forfeiture, however, would not take place if OCPL has failed to offer full or part of the successful bid
quantity within the validity period. In such cases again, no forfeiture would take place if the balance
quantity is less than a truck load.
11.7 Quantity mentioned in notice are only indicative and may undergo a change depending on factors like
actual production of coal, bottlenecks in coal transportation etc.
11.8 Coal is offered by OCPL under this e-Auction on “as is where is” and “no complaint” basis. Bidders are
advised to do proper due diligence about quality, quantity, delivery point and other issues before
participation in the e-Auction. There will not be any joint/third party sampling facility extended to any
buyer. Refusal on account of non-suitability and/or sub-standard quality for the allotted quantity of coal
shall not be acceptable.
11.9 OCPL / MSTC Limited reserve the right to cancel the sale of coal under this e-Auction from any
source/location in part or whole at any stage at its sole discretion without assigning any reason thereof
and no party shall have any right whatsoever to raise any claim in that regard on that count.
11.10 OCPL / MSTC Limited reserves their rights to amend/modify and revise the terms and conditions
contained herein in full or in part at any point of time and no party shall have any right whatsoever to
raise any claim in that regard on that count.
11.12 In the event of any dispute, Bidder/Buyer is necessarily required to represent in writing to the CEO
of OCPL who would deal with the same in a period of one month from such representation. Thereafter, if
required the matter may be determined by CEO, OCPL. Any interpretation of any clause of this will be
subject to clarification by OCPL, which will be deemed as firm and final. All disputes arising out of this
scheme, or in relation thereto in any form whatsoever shall be dealt exclusively by way of arbitration in
terms of the Arbitration and Conciliation Act, 1996. The arbitration shall be conducted at Bhubaneswar at
a place to be notified by OCPL. The arbitrator shall be appointed by the CEO, OCPL upon written request in
this behalf. The award rendered by the Arbitrator shall be final and binding on the parties.
11.13 The General Terms and Conditions (GTC) and Buyer Specific Terms and Conditions (BSTC) as
available on MSTC’s website shall be read alongwith these Special Terms and Conditions and shall govern
the e-Auction. In case of any contradiction in terms, the Special Terms and Conditions shall prevail. By
submitting a bid in the e-Auction, a bidder expresses its unconditional acceptance of GTC, BSTC and these
Special Terms and Conditions.
11.14 Bidders shall have to participate in the e-Auction at their own cost and arrangement. OCPL/MSTC
Limited shall not be responsible for any disruption of bidding facility including but not limited to internet
connectivity or any other issue at bidder’s end. In case of any technical glitch happening at MSTC’s server
end causing disruption in auction process, MSTC Limited may either extend the closing time of such e-
Auction or cancel the e-Auction at its sole discretion. No bidder shall have any right to claim any
compensation from OCPL/MSTC Limited for such cancellation or extension of e-Auction.
11.15 Bidders shall comply with all the requirements of Dept. of Steel and Mines, Govt. of Odisha for
purchase and transportation of coal from OCPL.
11.16 OCPL reserves the right to debar the bidder from participating in future auctions if the agency fails
to lift the Coal from stockyard within the stipulated time.
11.18 Incase of defult in timely lifting owner will debar further participation,forefeit
corresponding EMO and hold release of statutory advance payments made to govt till end of
reconciliation process.
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We have been declared as a successful bidder for purchase of coal through the e-Auction conducted by the MSTC Ltd.
dated 13-01-2022. The details of our organization are given under.
Declaration:
We solemnly declare that the Quantity of Coal allotted to us through the e Auction shall be used for our own consumption
at the destination/factory site mentioned above and will not be sold/transferred without prior permission of OCPL. We
shall abide all the Rules and Regulations for sale and purchase of coal.
Thanking you.
Authorized Signatory
Enclosures:
1. Letter of Authorization of our local Agent for collection/submission of documents at your office and
coordination at your weigh bridges.
2. Form 27 (C) (if applicable)
3. Valid Form D, incorporating the Manoharpur coal mine as a source of coal/fuel.
Annexure-C
Letter of Authorization
Sir,
We do hereby authorize the following person/s to receive and submit the relevant documents at OCPL and lift coal from
Manoharpur coal mine on our behalf, whose signature and photograph are given below:
Thanking you.
Yours faithfully,
Authorized Signatory
Encl:
placement trucks and lifting/transportation of Tonne of Coal from your mine to our plant at
. The route of coal transportation shall be
_.
Thanking you.
Yours faithfully,
Authorized Signatory
Enclosures:
1- Certificate of Registration under Carriage of Road Act and Carriage by Road Rules (Form-2)
2- Copy of Form A, Transporting Agent’s Registration Certificate