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How can I participate in e auction in India?

How can I participate in e auction in India?

To participate as a Bidder, Registration is a simple process. Go to registration form from Home page. Select “Register as Individual or Company” and fill out all required details. Go through User Agreement & Privacy Policy and click on the ‘Register’ button.

How many coal mines are in India for auction?

For the subsequent round of auction for commercial mining i.e. 2nd tranche, a total of 67 coal mines are being offered of which 37 are fully explored and 30 are partially explored blocks. The mines on offer are geographically spread over the coal bearing States.

How do I participate in a coal auction?

Only those customers registered with www.mstcecommerce.com as a buyer of coal shall be eligible to participate in e-Auction of coal. 3. The rate of EMD is Rs. 200/- per tonne of coal for Coal India Limited or as specified by respective coal companies.

How coal is sold in India?

Most coal is sold to power producers, predominantly under fuel supply agreements, at administered prices. But, for years, CIL has not kept up with growing demand. The Indian government now allows end-users to produce their own coal and is moving toward allowing more private-sector mining.

How do I register for coal auctions?

  1. Ans.
  2. Visit our site www.mstcecommerce.com.
  3. Click on the link e-Auction.
  4. Step 3 .
  5. Click on ‘ Coal e-auction ‘
  6. Click on the link ‘Forget Password’
  7. Select type as buyer from the drop down list; provide User Id, e-mail, PAN No.
  8. New password will be generated by system automatically and resend to registered e-mail of buyer.

What is full form of MSTC India?

Our Company was incorporated as “Metal Scrap Trade Corporation Limited”, under the provisions of the Companies Act, 1956 on September 9, 1964 at Kolkata.

What is spot e auction of coal?

E – Auction has been introduced to facilitate across the country wide ranging access to book coal on-line for all sections of coal Buyers enabling them to buy coal through a simple, transparent and consumer friendly system of marketing and distribution of coal.

Who is the coal king of India?

Suryadeo Singh
Coal Mafia
Member of Legislative Assembly Jharia constituency from 1977 to 1991
Personal details
Born 27 December 1939 Ballia, Uttar Pradesh,British India

Is MSTC a govt Company?

MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. Government of India has 64.75% share holding in the company.

What is the price of 1 kg coal?

Unit conversion for Coal Price Today

Conversion Coal Price Price
1 Ton = 1,000 Kilograms Coal Price Per 1 Kilogram 0.37 USD

How do I register for Mstcecommerce?

http://www.mstcecommerce.com/auctionhome/oed/index.jsp (ii) Then click on the link ‘Register’. GENERAL TERMS & CONDITIONS OF e- AUCTION will appear on the screen. Scroll down to the bottom of the page where two options will be there : (a) Register as Buyer and (b) Register as Seller.