Get the free Cil E-auction Scheme 2022 Terms and Conditions

This document outlines the terms and conditions for participating in the CIL e-auction scheme for coal procurement held by Western Coalfields Limited, detailing eligibility, registration, bidding

How to fill out cil e-auction scheme 2022

How to fill out cil e-auction scheme 2022

1. Visit the official e-auction portal.
2. Register your account by providing necessary details.
3. Log in using your credentials.
4. Select the 'CIL E-Auction Scheme 2022' option from the available services.
5. Fill out the application form with required information such as personal details, company details, etc.
6. Upload necessary documents such as identity proof, address proof, and any other required certificates.
7. Review the filled application for accuracy.
8. Submit the application before the deadline.
9. Keep track of the submission status through the portal.

Who needs cil e-auction scheme 2022?

1. Mining companies looking to buy coal.
2. Industries that require coal for production processes.
3. Business entities involved in energy generation.
4. Government agencies managing resource distribution.
5. Investors interested in coal procurement.

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What is cil e-auction scheme?

The CIL e-auction scheme is a process implemented by Coal India Limited (CIL) to facilitate the online auction of coal. It allows buyers to bid for and purchase coal electronically, ensuring transparency and efficiency in the allocation of coal resources.

Who is required to file cil e-auction scheme?

Entities interested in purchasing coal through the CIL e-auction scheme must register as bidders. These typically include industrial consumers, traders, and other registered companies that require coal for their operations.

How to fill out cil e-auction scheme?

To fill out the CIL e-auction scheme, bidders must visit the official CIL e-auction portal, create an account, complete the registration process, and provide necessary identification and details about their business. Once registered, they can participate in the auctions by placing their bids during the designated auction periods.

What is the purpose of cil e-auction scheme?

The purpose of the CIL e-auction scheme is to optimize the sale and distribution of coal by enhancing transparency, improving the process of allocation, ensuring fair competition among bidders, and maximizing revenue for the coal sector.

What information must be reported on cil e-auction scheme?

Information that must be reported in the CIL e-auction scheme includes the quantity of coal being auctioned, the starting bid price, the bidding timeline, details of registered bidders, and the outcomes of each auction. Additionally, records of transactions and payments must also be maintained.