CORRIGENDUM FOR THE SCHEME DOCUMENT OF BALL CLAY
Corrigendum
SL.No.             Clause             As in Scheme Document of Ball clay
                                                                                              (may be read as)
  1      1 Definitions:             1.1.2 “Agreement” shall mean the Long        1.1.2 “Agreement” shall mean the Quantity
                                       Term Supply Agreement (“LTSA”) as          Supply Agreement (“QSA”) as may be
                                       may be prescribed or published by          prescribed or published by NLCIL and to be
                                       NLCIL and to be executed pursuant to       executed pursuant to Clause 3.5.4
                                       Clause 3.5.4
  2      3. Auction process           3.5.1 The long term supply quantity Clause No. 3.5.1 as 3.5.2
         3.5.Non-Discriminatory       shall be auctioned through a Non
         Ascending Clock auction      Discriminatory   ascending    clock 3.5.1 “The Long Term Supply Quantity more
                                                                          fully described in Annexure -V ”
         process                      auction procedure in the following
                                      manner:
  3      4    Bid     Criteria   and A bidder can be any person interested to   Any person interested to buy can participate in
         Eligibility Conditions.     participate in e- Auction for              e- Auction for procurement of Ball clay on “as
         Clause 4(a) (i)             procurement of Ball clay on “as is         is where is and no complaint basis”. M/s
                                                                                MSTC/NLCIL        reserves    the   right    to
                                     where is and no complaint basis”. M/s
                                                                                alter/withdraw this Clause at any stage in this
                                     MSTC/NLCIL reserves the right to           e- Auction sale , without assigning any reason
                                     alter/withdraw this Clause at any stage    thereof.
                                     in this e- Auction sale , without
                                     assigning any reason thereof.
                                                                                                                         Contd…
                                                             1
                                                                                                  Corrigendum
SL.No.           Clause               As in Scheme Document of Ball clay
                                                                                                 (may be read as)
  4      5.1 General Terms of Without prejudice to the Terms & Conditions         Without prejudice to the Terms & Conditions
         bidding              of Auction of long term linkages at the             of Auction of long term linkages at the request
         Clause 5.1.5         request of the bidder NLCIL at its discretion,      of the bidder NLCIL at its discretion may, but
                              but not bound to, may consider allotment of         not bound to, consider allotment of Land on
                              Land on lease, provide water and electricity to     lease, provide water and electricity to H1
                              H1 bidder (s) on chargeable basis required for      bidder (s) on chargeable basis required for
                              establishing their processing facility of Ball      establishing their processing facility of Ball
                              Clay subject to Legal, Statutory and other          Clay subject to Legal, Statutory and other
                              clearances and Commercial Conditions.               clearances and Commercial Conditions.
  5      6. Bid Security Clause
         Clause 6.5 (d)         (d) if the bidder furnishes any forged /bogus       (d) if the bidder furnishes any forged /bogus
                                    documents:                                     documents:
                                 i. Without prejudice to any other remedies Without prejudice to any other remedies
                                    available at law, in the event of any of the available at law,
                                    contingencies mentioned 6.5, NLCIL shall        (i) in the event of any of the contingencies
                                    have the right, at their discretion, to reject mentioned above, NLCIL shall have the
                                    the bid without notice to the Bidder(s);       right, at their discretion, to reject the bid
                                  ii. in the event of the contingency mentioned    without notice to the Bidder(s);
                                    in Clause above, NLCIL shall have the right     (ii) in the event of the contingency
                                    to cancel the LOI/Agreement, without           mentioned in Clause above, NLCIL shall
                                    notice to the Bidder(s);                       have the right to cancel the LOA/Contract,
                                  iii. in addition on (i) and (ii) above, NLCIL    without notice to the Bidder(s);
                                    shall also have the right to de-bar the         (iii) in addition on (i) and (ii) above, NLCIL
                                    defaulting Bidder(s) for a period to be        shall also have the right to de-bar the
                                    specified, from participating in any of their  defaulting Bidder(s) for a period to be
                                    tenders and NLCIL reserves the right to        specified, from participating in any of their
                                    inform the matter to other PSUs/statutory      tenders and NLCIL reserves the right to
                                    Bodies and the decision of NLCIL in this       inform the matter to other PSUs/statutory
                                    regard shall be final and binding on the       Bodies and the decision of NLCIL in this
                                    Bidder(s).                                     regard shall be final and binding on the
                                                                                   Bidder(s).
                                                                 2                                                  Contd…
SL.                                                                                 Corrigendum
              Clause           As in Scheme Document of Ball clay
No.                                                                                (may be read as)
 6    Annexure V            Basic Floor Price in Rs./Tonne           Floor Price in Rs./Tonne
      (as in first table)
7     Scheme document       Long Term Supply Agreement              Quantity Supply Agreement