M/s. TATA Power Solar System Ltd., 1000 MW AC / 1360 DC Solar Power Project, Karnisar Bhatiyan, Bikaner, Rajasthan
Quantity: 4,712 Solar Modules
Contact: Ms. Bishnupriya – 7751926376
Site Address & Contact Person:
NHPC CPSU 300 MW in M/s. TATA Power Solar System Ltd., Village Karnisar, Bhatiyan, Tehsil Pugal, District Bikaner
Quantity: 15,129 Solar Modules
Contact: Mr. Rishabh – 9057209723
Terms Conditions
EMD DEPOSIT Amount Rs. 20,00,000.00/- In Favour M/s TATA POWER RENEWABLE ENERGY LIMITED., Payable at Bangalore
Payment Terms Payment within 07 working Days from the time of Approval letter. Successful bidder/ Buyer shall deposit the entire payment plus applicable taxes.
Lifting Period 10 working days from the date of received of Approval Letter
Tax All offered bids are exclusive of all taxes.
EMD forfeiture Any default in payment or failure of complete lifting & violation of any terms of Sale agreement / approval letter by the successful bidder / Buyer, the seller would reserve the right to forfeit the EMD amount.
Inspection Start Date 06.12.2024 Inspection Start Time 10.00 AM
Inspection Closing Date 10.12.2025 Inspection Closing Time 05.00 PM
Note:
1) Inspection Strictly on Prior Permission and Working days (Monday to Saturday only).
2) Inspection not allowed on Public Holiday.
Term & Condition of e-Auction:
Disposal of the above material is being sold on 'As Is Where Is’, ‘Whatever There Is’ and ‘No Complaint’ basis subject to the following condition:-
The rate for purchase of offered goods is to be submitted on total amount only” basis. All applicable duties, taxes and GST@5% are excluding.
The sale of offered goods is on Per Piece basis.
Salvage lifting shall be carried out entirely at the buyer’s risk, taking into consideration all environmental, social, and political factors.
DYNAMIC TIME:
The eAuction shall automatically extend by 03 MINUTES in case someone enters a bid in the last one minute of the remaining time in closure of the auction. This shall continue indefinitely until no one bids in the last one minute of the time remaining.
The Purchaser (H1/H2) should should deposit 50% advance payment (Excluding EMD) to TATA POWER RENEWABLE ENERGY LIMITED within 03 working days of receipt of approval letter and the reaming payment to be credited according to lifting, failing which their EMD will be forfeited. (Kindly also note that the advance payment made will be adjusted in the last two final Trucks/Lifting)
The Purchaser shall start lifting post to 50% advance payment within 03 working days of receipt of approval letter and the reaming payment to be credited according to lifting. He shall be allowed to clear the lot/kg awarded to him from the site within a period of 15 working days from the date of receipt of delivery order by him, failing which he have to pay ground rent for the salvageable quantity a per sellers T&C or minimum of Rs. 2,000/-day or Rs 1000/-Kg for space occupied by salvage material quantity.
The Auctioneer reserves the right to reject any bid without assigning any reason to the bidder.
The earnest money deposit will not attract any interest & dealt with as per the Procedure mentioned below:-
. In case of unsuccessful bidders, (H3 & Lower) EMD is refunded immediately after adjusting facilitation fee of Rs. 1000+ GST but not later than 03 working days from the completion of eAuction process subject to the terms and conditions mentioned herein and at the website.
• EMD of the H2 bidder shall be retained for 07 days from the date of approval of eAuction. If the H1 bidder failed to deposit payment within 3 days his EMD will be forfeited and H2 bidder has to honor the deal at the H2 bid value within the aforesaid period of 3 days. Failing to which his EMD too will be forfeited.
• The EMD of H1 will be adjusted once the complete payment is received by insured/seller and also complete material is lifted by the H1 bidder. Also adjustment will be done for fee and expenses.
• Since EMD is held by auctioneer. They are responsible for the return release as well. Surveyor, Insurer or Insured has no role of EMD forfeiting/retention for H3 & below. EMD of H1 & H2 is at the seller's description.
The material shall be sold on “AS IS WHERE IS’ and "AS IS WHAT IS" basis. No complaints whatsoever will be entertained after the bid is made. The bidder is deemed to have inspected, examined reasonably and satisfied himself as to all matters regarding condition, type, quality, and quantity.
The Bid2win Private Limited or the associated Loss Adjusters or Underwriters, being only the facilitators for disposal of salvage, have no knowledge about the specific trade requirements and shall bear no responsibility of any kind, in this regard of whatsoever nature.
The website www.bid2win.in is maintained by external agency at external servers. Any problem while bidding or technological glitches/problems may occur accidentally and such problems will be dealt in order to complete the entire process smoothly. The surveyor’s decision in this regard will be final as they have appointed us to bring transparency in the system by e-Auctioning.