With a view to making scrap disposal
more cost effective and transparent,
state utility Uttar Haryana Bijli Vitaran Nigam
said that it would go in for e-auction of
material through Central PSU MSTC Ltd
(formerly Metal Scrap Trading Corporation.)
A large amount
of scrap material
is currently lying
in over a dozen
locations in
UHBVNL ' s
command area.
On an average,
the Nigam disposes off
15 crore worth of
material and scrap every year. Earlier, these
items were being disposed off through
public auctions. The e-auctioning process
will help make the system hassle-free and
check on the spot grouping of contractors.
Major items like power transformers, dirty
transformer oil, HV/LV coil and conductor
scrap etc would be disposed off through
MSTC. The corporation charges 3 per cent
of the total amount for providing services.