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This document outlines the procedures, terms and conditions for participating in the CIL E-Auction Scheme 2022 for coal procurement. It provides essential details for eligibility, registration, bidding methodology, payment processes, and penalties associated with the bidding process. The document is aimed at potential bidders interested in acquiring coal through the electronic auction platform operated by Western Coalfields Limited.
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How to fill out cil e-auction scheme 2022

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How to fill out cil e-auction scheme 2022

01
Visit the official website for the CIL e-Auction Scheme 2022.
02
Register for an account if you do not have one, providing necessary personal and business details.
03
Log in to your account and navigate to the e-Auction section.
04
Review the auction schedule and the commodities available for bidding.
05
Fill out the application form with details such as commodity preferences and quantity.
06
Submit the application along with any required documents to participate in the auction.
07
Deposit the necessary earnest money as specified in the auction guidelines.
08
Monitor the auction date and participate by placing bids as per your strategy.
09
After winning a bid, complete the payment as per the terms and conditions outlined.

Who needs cil e-auction scheme 2022?

01
Businesses looking to purchase coal or related products in bulk.
02
Industries that rely on coal as a primary source of energy or raw material.
03
Government agencies and public sector units involved in procurement.
04
Private sector companies seeking competitive pricing for coal.
05
Organizations aiming to diversify their coal supply sources.
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The CIL e-auction scheme is a process established by Coal India Limited for the online auction of coal, allowing stakeholders to bid for coal blocks transparently and efficiently.
Entities participating in the CIL e-auction process, including coal consumers and other stakeholders, are required to file the scheme details.
To fill out the cil e-auction scheme details, participants must provide necessary information through the online portal, including their credentials, bidding preferences, and any required documentation as specified by CIL.
The purpose of the cil e-auction scheme details is to ensure a structured and transparent bidding process for coal, facilitating fair access to resources and optimizing resource allocation.
Participants must report details such as bidder's identity, bid amount, type of coal required, and any compliance documents as mandated by CIL regulations.
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