MSTC Limited, a leading public sector enterprise under the Ministry of Steel, Government of India, has announced a significant order win worth ₹488 crore from South Eastern Coalfields Limited (SECL). This contract reinforces MSTC’s strong position in e-commerce, e-auctions, and procurement services.
Key Highlights of the Order:
- Order Value: ₹488 crore
- Client: South Eastern Coalfields Limited (SECL)
- Scope of Work: Providing specialized services in e-commerce and e-procurement
Strategic Importance of the Deal
This contract with SECL is a major milestone for MSTC, strengthening its foothold in the coal and mining sector. MSTC has been a key player in digital auctioning and procurement solutions, and this order highlights its ability to facilitate efficient, transparent, and technology-driven solutions for the public sector.
MSTC’s Growth in E-Commerce and E-Auctions
MSTC has been instrumental in digitizing procurement and disposal processes for various government and private sector entities. With this latest contract, the company aims to:
- Expand its role in coal procurement and e-auctions
- Provide seamless and transparent transaction services
- Strengthen its leadership in e-commerce solutions for government enterprises
