PANAJI
Following a request from bidders, the Directorate of Mines and Geology (DMG), for the second time, extended the time limit till October 31, for the successful bidders to pick up the e-auctioned ore, lying at various original locations.
Initially, the bidders were asked to pick up their cargo by March 31; however the same was extended till May 31.
DMG director Suresh Shanbhogue in an order issued on August 31 has permitted the parties to lift their cargo from the primary location by October 31.
Since January 2014, the department has so far sold around 15 million tonnes of ore through 27 e-auctions, generating revenue of Rs 1,500 crore.
“Considering the requests from various parties, the government is pleased to extend the time limit further for lifting the e-auctioned cargo from primary location by October 31,” he said.
The parties have to furnish the details like e-auction number, stack number, location, quantity won and balance quantity to be lifted from the primary location of e-auction, total amount paid, etc before obtaining transit permit.
The bidders will have to submit agreement or documents along with sale of permit to authenticate that cargo is sold.
