Bidding has ended on this item.

Damaged Transformer OLTC & Transformer Oil @ Gulbarga eTender

Strictly on “AS IS WHERE IS” and "WHATEVER THERE IS" basis

Current Bid ₹900,000.00 INR 
Base Price ₹900,000.00 INR 
Auction Ends Friday, December 17, 2021 3:00:00 PM
Bid History 4 Bids  
High Bidder u******
Auction Started Friday, December 17, 2021 2:00:00 PM
Listed By   admin
Views 1138
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Payment Options
  • Payment Instructions:  We accept DD only as mode of payment currently for collection of EMD, if applicable. For payment of bid amount, online transfer can be made at later stage directly to Insured/Seller.

Without Prejudice

Base price is set as Rs. 9,00,000 (Rupees Nine Lakhs Only) on "LOT Basis" + applicable GST.

eTender newspaper advertisement is published in following newspaper editions:

  • Times of India    (English)    Edition:  Mumbai dated       : 08-December-2021
  • Vijay Karnataka  (Kannada)  Edition: Gulbarga dated     : 08-December-2021

Type of loss: Machinery Breakdown affected

Disclaimer: Buyers please double check before typing amount that you do not insert an additional zero “0” or any extra digit to your bid before submitting that may result in you losing your chance of participation and forfeiting of EMD.

Photographs displayed are for illustration purpose only. Current condition of material(s) may or may not be as displayed, buyers are expected to verify same during inspection.

Note: This is an online eTender. Buyers would be able to bid multiple times during last 60 minutes (i.e. from 02:00 pm to 03:00 pm only, no time extension permitted) on 17-December-2021, only after submitting below 2 Demand Drafts. (Please mention your ProSal username, registered email id & mobile number on the back of both DD's):

1.) eTender participating non-refundable DD in name of "Proclaim Insurance Surveyors & Loss Assessors Pvt. Ltd.", payable at "Mumbai" for Rs. 1,000/- (Rupees Two Thousand Only).

        2.) EMD DD in name of "M/s. SHREE RENUKA SUGARS LIMITED ", payable at "Par" for Rs. 1,00,000/- (Rupees One Lakh Only). EMD of all unsuccessful bidders will be returned latest within 07 working days of bid/quote approval from competent authority by "Registered AD - Post" OR by "Courier" as per market availability during pandemic. ProSal does NOT take responsibility of tracking same. No interest is payable on the EMD.

Both DD's should reach us by courier or in person latest by 16-December-2021 before 04:00 pm to our office at 402, Centre Point, J. B. Nagar, Andheri-Kurla Road, Andheri (East), Mumbai – 400 059. Ph. (022) 40503000 in sealed envelope. Only upon receiving both DD together with eTender participation form and documents mentioned therein, Buyers would be able to place their bids after login in ProSal (without transportation charges, labour charges, GST, etc).

Tentative affected material details (approx):

Sr. No.  Item description 
1 OLTC complete set Easun MR make for 31.5 MVA Transformer
2 Transformer Oil APAR make 

Buyers please confirm quantity/quality of materials during inspection for “as is where is basis” to avoid any disputes later while lifting.

Address where materials can be inspected:

M/s Shree Renuka Sugar Limited
Havalga, Taluka: Afzalpur,
District: Gulbarga, 
Karnataka, PIN - 585301. 

Applicable Goods & Service Tax (GST), as informed to ProSal:
GST @ 18%  is applicable on available materials for salvage. Bid would be considered as Basic and GST to be paid in addition to bidded amount. Kindly confirm GST rates/HSN Codes applicable on available materials during inspection & before bidding. No queries whatsoever shall be entertained after bids are placed, including but not limited to, forfeiting of EMD.

Contact Person details onsite:

1) Name : Mr. Manoj Kumar Hugar
 Cell No :- 9449-049-896 

Terms & Conditions/eTender participation form is available as PDF under attachment section below. Buyers are required to download, print & submit participation form along with DD and photocopies of documents.

Buyers are advised to contact person mentioned above before inspection. Kindly note mere placing bid does NOT entitle you to claim the material(s). Your bid acceptance/rejection is subject to approval from competent authority.

Kindly place bid only AFTER inspecting the materials - offer given by you will be presumed that you have inspected the material.

Attachment eTender TnC.pdf
Units Lot
eTender OOT
eTender Bidding Minutes 60