The 49th Annual General Meeting of the shareholders of the company is scheduled to be held at Tribhuban Army Officer's Club, Bhadrakali, kathmandu, Nepal on 26th Jestha, 2016 (8th June, 2016) on 11PM.
Futureworks Building Solutions Pvt. Ltd. Is a company formed as a joint venture partnership with Pinnacle LLC (USA), Salt Trading Corporation Limited and local entrepreneurs to provide modern construction technology in Nepal.
STC has started sale of CGI sheets in different branches of the organization, focusing primarily in the earthquake effected areas
15000 MT Cane Sugar Supply notice dated 17th July 2012
Salt Trading Corporation Limited is Revanping Morang Sugar Mills.
45th Annual General Meeting
From 1st February to 29th February.
Sugar Purchase Offer
Salt Trading Corporation Limited
Kalimati, Kathmandu, Nepal
Sugar Purchase Offer
1st Published Date July 19th 2012
Salt Trading Corporation Limited (STC) Kathmandu, Nepal invites sealed offers for supply and delivery of Indian White Crystal Sugar from Indian Sugar Mills Only on CIF/FOR Raxaul, India/ICD Nepal; Sunauli, India; and Jogbani, India basis under following terms and condition:
Quality: Indian White Crystal Sugar of the current crop year 2011-2012 with minimum polarisation 99.8 degrees, maximum moisture 0.04%, Ash Max 0.04% and the colour to be up to maximum of 150 ICUMSA all final at the time of shipment. With regard to ascertaining colour it is agreed that sampling method 9 shall be used and the sugar to be free flowing & in merchantable condition. The grain size is to be Indian Standard S30, S31 M30 OR M31 Grain size.
Packing: In new sound polythene lined poly propylene bags of 50 kilos net weight each, with standard producer marks, with month/year of production and month/year of expiry. Bag marks to include product description, country of origin and weight content.
Quantity: Upto 15,000 mts. in multiples of 2,500 mts. minimum.
Weight, Quality, Quantity & Settlement:
The weight, quality, quantity & settlement must be certified by SGS India before loading. A team from Salt Trading will be present at factory or mill warehouse for approval of sugar. Salt Trading approval & SGS certificate of analysis is must before moving the sugar from mill for loading.
Delivery: In multiples of 2,500 MTS Min/Max
Shipment: Full August 2012 or one month (30 days) after the Buyers Letter of Credit is opened whichever is earlier.
Price: To be quoted on CIF/FOR Raxaul, India/ICD Nepal, Sunauli, India and Jogbani, India. All Handling Costs and Rake stuffing costs at the port of loading will be for the Seller’s account. All Handling Costs and Rake de-stuffing costs at the port of discharge will be for the Buyer’s account.
Payment: By irrevocable Letter of Credit at Sight in Indian Currency upon presentation of the following Documents at the counters of the negotiating Bank:
1. Commercial Invoice
2. Full set of Copy Railway Receipt issued by Indian Railways or necessary transport dispatch note (challan)
3. Certificate of Weight and Quality issued by SGS at load port.
4. Packing List issued by the Seller.
5. Certificate of Origin issued by any Chamber of Commerce of the country of Origin.
6. Letter from Salt Trading Corporation Limited’s representatives at load port certifying that they are in possession of the Original Railway Receipt or transport dispatch note (challan), Original Commercial Invoice, and AR-1 form
7. Copies of Release order if necessary
8. Copies of Import Export code
9. Declaration by mill regarding export to Nepal
Additional documents (Health Certificate issued by competent authority or Food Analysis Certificate issued by Government authority, Radioactivity Certificate, Phytosanitary certificate issued by an international independent surveyor/ competent authority declaring the cargo to be fit for direct human consumption) requested by Buyers will be provided outside of the Documents presented above and will therefore not be a condition for payment
Sealed offer submission:
Sealed offers should be submitted to STCL Camp Office in New Delhi, India at Hotel Hyatt Regency, Bikhaji Cama Place, Ring Road, New Delhi 110607, India between 10:00 hours to and 14:00 hours (IST) on July 26, 2012. Any offers received thereof, after the stipulated time will not be accepted. Submitted sealed envelope should have following mentioned on it: “Offer for supply and delivery of Indian White Crystal Cane Sugar, CONFIDENTIAL”
The selected supplier would need to submit a performance bond equivalent to 5% of the total offer value.
All received sealed offers shall be opened at the above mentioned STCL’S Camp Office at 16:00 hours (IST) on July 26, 2012. The offers will be opened and offer prices will be read and recorded in the presence of the bidders or their representative’s present. Offers will also be opened even if the bidders or their representatives are not present at the stipulated time.
STCL reserves the right to accept or reject any offer fully or partially without assigning any reason
For further inquiries, please contact:
SALT TRADING CORPORATION LIMITED
Business Department, Kalimati, Kathmandu, Nepal