Heavy Engineering Corporation (HEC) has inked a memorandum of understanding (MoU) with MSTC, on July 09, 2019 to engage MSTC for disposal of all surplus, condemned, scrap and obsolete materials through MSTC’s Auction web site via e-auction route.
This pact will enable HEC to dispose of its waste and surplus material smoothly and generate additional revenue. The e-auction route will provide full transparency in the system and expeditious disposal action.
MSTC is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.
