Hindustan Petroleum Corporation Limited Announces Auction of Ground Support Equipment Assets
Hindustan Petroleum Corporation Limited announced a public auction for several lots of ground support equipment intended for sale. The auction is scheduled for July 3rd, and interested parties are advised regarding the Earnest Money Deposit (EMD) and asset details provided in the announcement.The auction pertains to various assets within the ground support equipment category. The total value of the available assets was reported as Rs 350.319 million.
The following table outlines the specific lots, EMD requirements, and estimated values:
| Asset Description | ID | Earnest Money Incremental Deposit (EMD) | Value |
|---|---|---|---|
| Ground Support Tractor Eco Genio.Alo | 3932 | 43,89,930 | 2.19,497 |
| Ground Support Equipment | 3960 | 41,994 | 20.997 |
| Ground Support Equipment | 3961 | 3,58,653 | 1.79,426 |
| Ground Support Equipment Pushback Tractor,GPU,Cars etc. | 393 | 10,62,794 | 5.31,397 |
| Ground Support Equipment Cranesett. | 3938 | 410.504 | 205.252 |
| Ground Support Equipment Trolley | 3939 | 3,49,235 | 1.74,617 |
The announcement provided several important notes regarding the auction process:
- Interested parties must adhere to the terms and conditions of the sale.
- EMD amounts are specified for each lot and must be submitted in accordance with the rules.
- The disclosed documents contain a 'AS IS' basis statement, meaning no guarantees were provided on the assets.
- All lots are subject to specific payment deadlines and applicable laws.
The auction is scheduled to take place at the designated Auction Platform, Sector 2, and Parking Equipment Platform, starting in the afternoon. Interested parties must ensure compliance with all stated terms and conditions.
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