Southern Railway Stores Department has introduced e-auction for selling of scrap materials.This system provides a common platform for scrap purchasers all over the country for offering their bids on-line in a fair and transparent manner.
To participate in e-auction, purchasers will have to register themselves with Indian Railways e-auction portal www.ireps.gov.in., should have internet banking account with State Bank of India and Digital Signature Certificate etc. On commencement of e-auction, scrap material worth Rs.22 lakhs have been sold and gradually will switch over to e-auction, Southern Railway is selling scrap materials to the tune of Rs.350 crores per annum.
The e-auction system was formally launched today 11.04.2012, by Shri Deepak Krishan, General Manager, Southern Railway in the presence of Shri B.K. Sinha, Controller of Stores, Southern Railway and other Principal Head of the Departments.
The General Manager also inaugurated the renovated railway staff canteen in the Controller of Stores Office/Perambur, with high ventilation duly providing ladiesrest-cum-dining hall.
