Sub : Offer for Manganese Ore at Visakhapatnam. MMTC invites offer in bids for sale of Manganese Ore of South African Origin. Details are as follows:

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1 A Govt. of India Enterprise Touching Lives, adding value MMTC BHAVAN, PORT AREA, VISAKHAPATNAM Telephone: Fax: Website: No. MMTC/VISAKHAPATNAM/MNORE/ /001 Dated: 5 th December 2014 Sub : Offer for Manganese Ore at Visakhapatnam MMTC invites offer in bids for sale of Manganese Ore of South African Origin. Details are as follows: 1. Product : Manganese Ore 2. Available Lots : Ex-Visakhapatnam Lot MT Lot MT Lot MT Lot 4 Lot 5 3. Bid Quantity : Bids may be submitted as per Lots at 2 above with tolerance limit of +/-5%. 4. Quantity Allocation : Will be lot wise to the highest bidder(s) 5. Chemical Specification : As per quality certificate issued by M/s. Alfred H Knight As per Disch Port Analysis Report Manganese (Mn) pct Silicon Oxide SiO pct Iron Fe 6.18 pct Aluminium Oxide Al2O pct Phosphorus P pct Sulphur S pct Calcium Oxide CaO 16.1 pct Magnesium Oxide MgO 2.46 pct Moisture M 2.10 pct

2 : 2 : 6. Size: Lumps: 6-75 mm (90% min) 7. Packing - Loose in Bulk 8. Origin UMK South Africa 9. Weighment As per RR/LR. 10. Mode of Sale Custom Duty Paid Ex- Visakhapatnam Port (loaded onto trucks / rake ) Modvatable duty, educational cess, CST /VAT and any other tax/duty shall be charged extra at actuals. 11. EMD a) 5% of value of contract to be refunded/adjusted within 7 days (max) from the date of completion of contract. In case of default by buyer in signing of contract within 7 days after confirmation by MMTC or in performance of Contract, EMD shall stand forfeited without any notice to the party b) 6% additional EMD shall be given by buyer in case CST form is not given by buyer at the time of delivery. EMD by way of DD/Pay Order payable at Vizag drawn on any bank favouring MMTC LIMITED, VISAKHAPATNAM or by way of transfer through RTGS/NEFT mode (subject to proof of such remittance) is acceptable. In case of RTGS/NEFT transfer, if the amount is not credited to the account by MMTC by the due date and time for submission of bids, the same will not be considered for opening. No interest will be payable on EMD. Bank Details for RTGS: STATE BANK OF INDIA (OVERSEAS BRANCH) BENEFICIARY : MMTC LIMITED ; CC A/C NO ; IFSC CODE : SBIN Payment Term 100% in advance before delivery 13. Sampling, Analysis and Moisture Discharge Port Analysis Report by Alfred H Knight is final. 14.Title and Risk MMTC shall retain title and ownership of the material until final payment including interest, if any, has been received in full by MMTC. The risk passes to buyer in accordance with INCOTERMS Award of Contract MMTC shall confirm the acceptance of price to the highest bidder (H1) LOTWISE but reserves the rights to cancel the bids at any stage. Successful bidder to execute the contract within 7 working days from the date of MMTC s confirmation. In the event of non execution or lifting of the cargo by the successful bidder, MMTC reserves the right to forfeit the EMD and offer the lot to the next highest bidder.

3 : 3 : 16. DUE DATES Submission of Technical Bids and Price Bids : 17 th December 2014, 15:00 Hrs IST Opening of Technical Bid : 17 h December 2014, 15:30 Hrs IST Opening of Price Bid : 17 th December 2014, 16:30 Hrs IST 17.MODE OF SUBMISSION OF TENDER: The quotations/bids will be submitted in two separate envelops as follows: i) Envelope No.1 super scribing as TECHNICAL BID containing: a) Tender document duly signed and stamped on all pages b) Filled up format (ANNEXURE 1) c) EMD (as applicable) DD / By RTGS (A photocopy of proof of submission to be enclosed). d) Copy of VAT registration/cst registration; e) Copy of PAN CARD f) KYC documents as listed in Tender Annexure 1. ii) Envelope No.2 super scribing as PRICE BID as per Annexure-II; The bidder shall submit price bids separately lotwise as per price bid format enclosed at Annexure II. The price shall be quoted in PMT basis in Indian Rupees Ex- Visakhapatnam Port as per tender in the price bid format. iii) Envelope No.3 containing both TECHNICAL BID and PRICE BID duly completed and should be super scribed as BID FOR PURCHASE OF MANGANESE ORE, as the case may be duly addressed to General Manager, MMTC Limited, MMTC Bhavan, Visakhapatnam and should be deposited in the Tender Box placed in the office premises from 1000 hrs to 1500 hrs on the DUE DATE. Only those who qualify in the technical bid shall be considered for evaluation and only their price bids will be opened. Incomplete offer or offers received after the closing time and date shall not be accepted. 18. Any bidder willing to participate in the tender opening process, may attend directly or depute their representative through proper authorization on their letter head with signatures in original clearly stating the name of firm, person, designation and his signatures. 19. GENERAL CONDITIONS 19.1 Subject to the terms and conditions set out herein, sale shall be made to the highest bidder (LOTWISE) on Ex-Visakhapatnam Port basis only. Seller reserves the right to modify and amend the terms & conditions and announce the same at any time before the tender concludes. Announcements during the tender on the website and/or by facts including announcement of any additional conditions or correction in the catalogue and/or additions or deletions of items being offered for sale are binding on the bidder.

4 : 4 : If for any reason, the buyer fails to arrange payment and lift the material within 30 days from date of award of contract, MMTC reserves the right to forfeit the EMD available with MMTC MMTC reserves the right to accept or reject any or all tenders or to re-tender at MMTC s sole discretion without assigning any reasons. Incomplete offer or offers received after the closing time and date shall not be accepted. The complete details of the tender enquiry are available at MMTC's website and The offer of the bidder should be valid for 15(fifteen) days from the date of opening of bid for acceptance. 21. Buyer may inspect the cargo at Visakhapatnam port during working hours before buying the material. 22. In the event of two or more parties quoting the same price, MMTC reserves the right to allocate the quantity equally between the bidders or call for a re-tendering at MMTC s own discretion. 23. ARBITRATION Any dispute or difference whatsoever arising between the parties, out of or relating to the construction, meaning, scope or operation or effect of this contract or the validity or breach thereof, shall be settled by arbitration by a Sole Arbitrator to be nominated by Chairman and Managing Director (CMD) of MMTC and the award made in pursuance thereof shall be binding on the parties. The provisions of Arbitration and Conciliation Act 1996 shall apply to such arbitration proceedings. The venue of the arbitration shall be at Visakhapatnam. The Indian Laws shall apply. 24. FORCE MAJEURE Neither party shall be liable for any delay or failure to perform its obligations under this agreement for any damage or loss due to any event or circumstances beyond its reasonable control including (without limiting the generalities of the foregoing) declared or undeclared war, sabotage, blockade, revolution, police action, riots or disorders, embargoes or trade restrictions of any sort., government or quasi government actions, acts of god, fire, flood, earthquake, storms, tides or tidal waves, explosions, radiation, strike, lock out or other dispute, epidemics etc. However the burden of proof has to be established by the party invoking force majeure by providing appropriate certificate issued by statutory bodies/chamber of commerce etc.

5 ANNEXURE 1 (TECHNICAL BID) Sl. No Document Details 1 Company Name, Address, Tel No, Fax No, E Mail Id etc of the Bidder 2 Signed / Stamped Copy of Tender Document (uploaded / by courier). 3 Payment Details (EMD) 4. Offer validity As per tender List of KYC Documents required: 1. Nature of Firm/Company: Partnership / Proprietorship / Limited Company. 2. List of Partners / Directors with Address / Contact Nos. / address. 3. PAN of firm/company and its Partners / Directors / Proprietor. 4. Copy of certificate of CST / VAT

6 ANNEXURE II PRICE BID 1 Product Manganese Ore 2 Name of the Bidder 3 Address of the Bidder 4 PRICE PMT in Indian Rupees Ex- Visakhapatnam Port BIDS Rate PMT (Rs.)* By Rail by Road Lot 1 Lot 2 Lot 3 Lot 4 Lot MT 1000 MT 500 MT *Modvatable duty, education cess and CST/VAT shall be charged at actuals which will be over and above the price mentioned in the bid.