HAFED invites bids for sale of 14,245.36 tn mustard seed on Tue
This story was originally published at 16:40 IST on 9 August 2024
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MUMBAI – The Haryana State Cooperative Supply & Marketing Federation Ltd has invited bids for the sale of 14,245.36 tn mustard seeds through its e-auction platform HafedAgriXchange.Org on Tuesday, it said in a notice. The mustard seeds are lying at the federation's storage locations in Bhiwani, Gurugram, Hisar, Panipat, Rohtak, and Sirsa districts of Haryana, it said.
The bidding will be held between 1200 IST and 1245 IST and can be extended by 15 minutes, according to the notice. The commodity is being offered on "as is where is basis" at these locations. The evaluation and finalisation of bids received shall be made on the basis of the highest price quoted by the bidders, the federation said.
"Bidders shall be required to deposit an amount of 120 rupees per quintal as EMD (earnest margin deposit) in the bank account provided by HAFED prior to bidding," according to the notice.
Bidders have to bid for a minimum of 100 tn or the available quantity at a particular warehouse. The federation reserves the right to reduce the auction quantity or allocate the sale quantity amongst different successful buyers, it said. End
Reported by Taniva Singha Roy
Edited by Ashish Shirke
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