EOI invites for Selection, Empanelment and Engagement as Associate(s) for e-Waste Management

EOI invites for Selection, Empanelment and Engagement as Associate(s) for e-Waste Management

Organization: MSTC Limited

Apply By: 01 Jul 2019

EOI title: EOI invites for Selection, Empanelment and Engagement as Associate(s) for e-Waste Management

Deadline: 1st July 2019

Expression of Interest (EOI) under Single Stage One part system (Techno-Commercial Bid) is invited from reliable, bonafide & experienced entities for selection, empanelment, and engagement as Associate(s) for e-waste management.

About MSTC:

Incorporated in 1964 as a trading company to deal in the export of scrap, MSTC has grown into a large diversified, multi-product services and trading Company. MSTC was a canalising agency for import of ferrous scrap until 1992. After de-canalisation it has established itself as one of the leading e-commerce service providers in the country and also is one of the major player in trading of bulk raw material. It has also entered into the re-cycling business through a 50:50 joint venture with Mahindra Intertrade Limited (MIL) for setting up a shredding plant and collection centres across the country. In a synopsis, it can be stated that there are three main business verticals in the Company which are namely, (i) E-commerce, (ii) Trading, and (iii) Recycling through Mahindra MSTC Recycling Private Limited (MMRPL). MSTC got listed on NSE and BSE on 29.03.2019.

 Introduction of EOI

The electrical and electronic wastes (e-waste) are one of the fastest growing waste streams in the world. The increasing “market penetration” in developing countries, “replacement market” in developed countries and “high obsolescence rate” make e-waste as one of the fastest growing waste streams. Environmental issues and trade associated with e-waste at local, trans-boundary and international level has driven many countries to introduce interventions. In accordance with the National Environmental Policy (NEP) and to address sustainable development concerns, there is a need to facilitate the recovery and/or reuse of useful materials from waste generated from a process and/or from the use of any material thereby, reducing the wastes destined for final disposal and to ensure the environmentally sound management of all materials

Objective of the Expression of Interest (EOI):

MSTC intends to enter into the area of e-waste management and planning to make an association with companies having end-to-end approved e-waste management system, refurbishing process, recycling process, logistic network and secure technology to destroy all the data from e-waste hard disks, facilities at their factory premises etc. Offers are invited from eligible bidders, as per the techno commercial terms and conditions, for Selection, Empanelment and Engagement as Associate(s) for e-Waste Management.

Submission of Bid:

Bidders may download the EOI document from MSTC website https://www.mstcecommerce.com/eprochome/mstc or from https://eprocure.gov.in The offer shall be submitted strictly as per EOI terms and conditions herein mentioned and no alteration / modifications should be made to the Annexures / Formats provided in the EOI, otherwise MSTC reserves the right to reject such offers at its sole discretion. Any decision taken by MSTC in such regard shall be final and binding on all interested parties.

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