A direct auction of 1 nos. Tata Safari AR01C-8499 of NHPC Ltd, Dibang Multipurpose Project, Roing, Lower Dibang Valley, A P, will be held on 28/06/24 at 10:00 AM at NHPC Office Complex, Dibang Multipurpose Project, Roing, Arunachal Pradesh, the interested bidders may participate in the auction with the terms and conditions mentioned below.

Sl. No.	Description	Year Of Purchase	Reserve  Price	Location
1.	Tata Safari (AR-01C-8499)	2009	53040.00 (Excluding GST 18% and applicable taxes)	Roing

Terms and conditions:
1. The auction of the vehicle shall be done on “As is where is” basis.
2. The Reserve price of the vehicle scrap is ₹ 53,040/- (Excluding GST 18% & applicable taxes).
3. The interested agencies/vendors can inspect the vehicle on or before 25.06.2024 between 10.00AM to 5.00PM.
4. The interested firms/parties/individuals may be allowed to take part in the auction on depositing Rs. 10,000/-(Rupees ten thousand only) as security deposit through Account Payee Demand Draft/ Electronic payment in favour of NHPC Ltd. Payable at SBI Roing Account number 11362151275 on or before 25.06.24. The transaction details with Name of Payee/Vendor, UTR No etc. needs to communicated through email to store_dibang @nhpc.nic.in before 26.06.24.
5. The above Amount is adjustable in case of successful bidders. However, it will be refunded to all the unsuccessful bidders. Govt. Depts. /PSUs. shall be exempted for depositing above amount for taking part in the auction.
6. The highest bidder in the case of auction would be advised to pay 25% of the requisite amount at the fall of hammer and balance within 30 days of the LOA. If 25% of bid amount with applicable taxes is not deposited/transferred/paid by the successful bidder than the security deposit amount will be forfeited.
7. The rest of the bid amount i.e 75 % of bid amount with applicable taxes is to be deposited within 30 days of LOA. The amount to be deposited should be through Account Payee Demand Draft/Banker Cheque/ Electronic payment in favour of NHPC Ltd. payable at SBI Roing Account number 11362151275.
8. In case, the successful bidder fails to deposit the rest of the amount within 30 days of LOA, the bid shall be cancelled and the already paid 25% of bid amount & applicable taxes shall be forfeited.
9. The corporation shall issue Release order to the purchaser within 7 days of receipt of full payment as per LOA. The purchaser should take delivery of all the equipment/materials purchased, within 30 days from the date of issue of Release Order on production of proof of payment, failing which storage charges/ ground rent shall be levied in addition to the purchase price @ 2% of the sale price per month basis after 30 days from the date of issue of Release Order. If the purchaser, after making payment in full does not take delivery of all the purchased equipment/materials in full within 30 days from the date of issue of Release Order then storage charges/ ground rent in respect of un-lifted equipment/materials shall be levied @ 2.0% of the sale price per month basis in respect of such unlifted equipment/materials after 30 days from the date of issue of Release Order. However, purchaser will be informed that in case of such retention, the corporation will not be liable for deterioration of the condition of equipment/materials.
10. If purchaser fails to lift the equipment within 180 days from the last date of lifting period specified in the release order, the corporation reserves the right to forfeit 25% of sale value as penalty, ground rent and damages etc. and return 75% of sale value to the purchaser without any interest and without any prejudice to other rights/remedies available under the contract. Thereafter the corporation shall be free to resale the equipment on its discretion for which purchaser shall not be entitled for any claim
11. All the taxes, duties & other municipal charges if any, shall be borne by the bidder.
12. Corporation reserves the right to cancel the order in part or in full without assigning any reason thereof. In case, the successful bidder fails to deposit the rest of the amount within 30 days of LOA, the bid shall be cancelled and the already paid 25% of bid amount & applicable taxes shall be forfeited.