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OF No: MDC/COM/11B/1213/02 DATE : 21.09.2012 ON LINE FORWARD AUCTION NOTICE 1. The following material/products are available on as is where is basis from MDC Bilabial Iron Ore Mine, Deposit 11B for
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NMDC e-auction refers to the online auction process carried out by the National Mineral Development Corporation (NMDC) for selling minerals and mineral products.
Any individual or entity involved in the mining and trading of minerals, who wishes to participate in the auction process, is required to file NMDC e-auction.
To fill out NMDC e-auction, participants need to create an account on the NMDC e-auction portal, provide necessary details regarding the minerals they intend to sell, and submit the required documents as per the auction guidelines.
The purpose of NMDC e-auction is to provide a transparent and efficient platform for the sale of minerals, ensuring fair competition and maximization of revenue for the mineral owners.
Participants in NMDC e-auction must report details such as the quantity and quality of minerals being offered, reserve price, payment terms, and any other information required by NMDC for conducting the auction.
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