MSTC ready to provide mineral e-auction services in Odisha

Govt decision awaited; may start in the beginning of the new fiscal in April

PTI | January 9, 2013



The state-owned Metals and Scrap Trading Corporation on Tuesday informed the Odisha government about its preparedness to provide electronic auction for minerals within a week of getting the requisite order.

"We have the expertise to provide e-auction. The PSU is prepared to install the facilities within seven days of getting the requisite order from the state government," chairman-cum-managing director of MSTC, S K Tripathi told reporters in Bhubaneshwar.

Steel and Mines secretary Rajesh Verma, however, said, "Some of the end users have welcomed the state government's proposal of introducing the e-auction service in the mineral trade."

Asked when the facility would be implemented, Verma said, "It is better if we can start it in beginning of the new fiscal in April. We have been working on that line. However, the government will take a final decision based on the recommendation of the committee set up for the purpose," he said.

Verma said that the department was keen to introduce e-auction in iron ore, manganese and chromite trade.

Coal India Limited has already introduced e-auction in the coal sector, he said, adding that it would ensure transparency.

Comments

 

Other News

Hydro engineering college to come up in Himachal

 Prime Minister Narendra Modi has laid the foundation stone of hydro engineering college at Bilaspur in Himachal Pradesh. The college, being set up by National Thermal Power Corporation (NTPC) and NHPC, will provide B Tech courses in mechanical, electrical, civil and computer science discipl

BHEL commissions 3MW solar plant in Dadra & Nagar Haveli

 Bharat Heavy Electricals Limited has commissioned a three Mega Watt solar photo voltaic power plant in Dadra and Nagar Haveli.  BHEL executed this project on a turnkey basis for Dadra and Nagar Haveli power distribution corporation limited at Velugam.   It

Back to the drawing board: Kejriwal

Time to go back to the drawing board, said Delhi chief minister and Aam Aadmi Party leader Arvind Kejriwal on Saturday, days after his party failed to make its mark in the Delhi civic elections.   In a message, Kejriwal said that in the last 2 days, I spoke to many vo

Grasp the nettle by taxing rich farmers

  The tax net needs to be expanded and the rich farmers must pay up their taxes. This week saw quite a bit of going back and forth over this prickly issue after Niti Aayog member Bibek Debroy batted for taxing agricultural income.   Niti Aayog vice chairman A

Attention to NTDs, dream of an equal, accessible internet and the struggles of CIC

  A giant yellow inflatable schistosomiasis worm, with ‘Making Schistory’ printed on it, floated on Lake Geneva, marking the five years since the London Declaration on neglected tropical diseases (NTDs). Though in 2015 about 1.59 billion people received treatment for at least

BBNL, BSNL to provide broadband connectivity to 1.3 lakh rural post offices

In order to provide broadband connectivity of BharatNet to post offices in rural areas, Bharat Broadband Network Limited (BBNL), department of posts and Bharat Sanchar Nigam Limited (BSNL) have signed a tripartite agreement.   The agreement is the first tri-partite MoU which



Video

शहीदों के लिए आगे आये आईएएस अफसर

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter