Metal Scrap Trading Corporation Limited

Special Terms & Conditions MSTC has come up with a unique business model to aid and augment financing needs of its bidders by leveraging the bidders surplus Bank Guarantee limit. Under this scheme MSTC will be making the payment to the seller on behalf of the bidder by opening LC/RTGS which will be backed by bidders 110% BG issued by any scheduled commercial Bank (for Rs. 50.00 Lakh and above per Lot / for MSME, Agri & Cottage Industry Rs.10.00 Lakh and above per lot). Complete details of the policy and contact officers are available at and at "" 1.0 CONTACT PERSON AT MSTC, ERO, KOLKATA :- Shri Saurabh Satyarthi, Manager (ERO); PHONE NO. 033-2290-0964, 2287-7557/0568/9627, 2281-2877.email: & Shri Sabyasachi Mukherjee, M (ERO); Phone: 033-22812879. e-mail: Eastern Regional Office: 033-22896049 HELP DESK: 033-22901004 CONTACT PERSON AT SgTPP : i) DGM(E&S): Abhijit Nandi, anandi@wbpdcl.co.in, Mob:8336904033 ii) DGM(M&C): TamalDutta, tdutta@wbpdcl.co.in , Mob:8336904068 iii)Sr. Mgr. (ENV):AnimeshMaiti, a.maity@wbpdcl.co.in, Mob: 833692630 2.0 Note: QR Documents required to be submitted pre-bid i.e., before auction through e-mail. Qualifying Requirements for the Bidders Bidder should be an individual, a partnership firm or a company. b)The average turnover of the bidder for the last three financial years should be at least i) Rs.90 Lakhs/ annum for the bid quantity> 1,00,000 MT/annum and upto 1,50,000 MT/annum, ii) Rs.1.3Core/ annum for the bid quantity >1,50,000 MT/annum and upto 2,00,000 MT/annum and, iii) Rs1.8 Core / annum for the bid quantity > 2,00,000 MT/annum. c)In case of existing or newly formed firm/company, the turnover of either its own or the turnover of the other firm / company in which major share holder/promoter/partner is also the major shareholder/promoter/partner in bidding company may be considered but not in combination of both. Bidders shall submit an undertaking of utilizing the Fly Ash in Cement, Construction or any other Ash basedproduct / Industry (Annex 4). Note: -Balance Sheet Audited balance sheets showing the business turnover and profit & loss account for last three financial years of the company on whose turnover qualification has been sought should also be submitted along with the proposal. (Individual or a partnership firm or a company not falling under statutory requirement of audit, has to submit a certificate from Chartered Accountant certifying the average turnover of the last three Financial Years indicating the year wise turnover) QR documents shall be submitted at e-mail: with a copy to The period of supply may be extendable upto another 2 years subject to discretion of SGTPP. In case the period of supply is extended then annual increment @ 10% of the discovered price shall be applicable. Last Date for submission of QR Document : 09.09.2019 :: 11:59 p.m. Last Date for submission of Pre BID EMD : 11.09.2019 3.0 IMPORTANT : The intending buyers has to deposit pre-bid EMD as detailed against each lot favoring MSTC Limited by way of online transfer of payment through RTGS/NEFT and the same should be credited in MSTC account on or before 11.09.2019.The EMD through RTGS must be routed through our website only with intimation to MSTC, ERO indicating the buyer's id and UTR No. as provided by the benefactor bank. 3.1 BUYER'S GUIDELINES for remitting respective payments through RTGS/NEFT. RTGS/NEFT Payment Link for payment in MSTC account is available in Buyer's Login - The parties may please note that the transactions made through this mode will be reflected in MSTC's account in T+1 days (Transaction + 1). Hence, they should make the payment well in advance so that it gets reflected in MSTC's account in time. Click here for e-Payment Guide: ---------------------------------------------------------------------------------------------------------------- . ---------------------------------------------------------------------------------------------------------------- Please note tha