PANJIM: Following request, the Directorate of Mines and Geology (DMG) has further granted time till June 6 to the successful bidders to lift the e-auctioned ore, lying at various original locations. Initially, the bidders were asked to lift their cargo by March 31, which was later extended by two months.
DMG director Suresh Shanbhogue in an order issued on May 31, has said that considering requests received from various parties, the government has extended the time limit for lifting the e-auctioned cargo from the original location till June 6.
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. DMG had on January 31 had issued earlier order granting 60 days time and it was later extended till May 31.
Director said that in order to obtain fresh transit permit for lifting the cargo, all the winning bidders or the parties who have purchased the cargo from the winning bidder have to furnish complete details of cargo owned by them at the primary location.
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. The bidders will have to submit agreement or documents along with sale of permit to authenticate that cargo is sold.
