Notices Closed 22 Sep 2026
KGTML Open Auction: Mixed Scrap Sale (As-Is-Where-Is) — Karachi, 22 Sep 2026
KGTML Open Auction · Karachi · The Express Tribune,
Notice advertisement published in The Express Tribune on Monday, 14 September 2026, listed under Karachi. Issued by KGTML Open Auction. The last date printed on the advertisement was Tuesday, 22 September 2026 and has passed.
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Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML) invites sealed/open auction bids for the sale of mixed scrap on an "As Is Where Is" basis. Interested bidders must inspect the material, present original CNIC and company letterhead, and comply with payment and removal conditions described below.
| Issuer | Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML) |
|---|---|
| Purpose | Open auction for sale of mixed scrap on "As Is Where Is" basis |
| Inspection | 2026-09-17 at 03:30 PM — KGTML, Berth No. 6-10, East Wharf, Karachi Port, Karachi. Vendors must arrive before time for gate entry. |
| Auction Date & Time | 2026-09-22 at 10:00 AM — KGTML premises, Berth No. 6-10, East Wharf, Karachi Port, Karachi. |
| Payment Method | Pay Order in favor of Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML). All applicable taxes, duties and levies to be borne by the successful bidder. |
| Security / Advance | Security deposit of PKR 2,500,000 to be paid on auction day; additional PKR 5,000,000 to be deposited within seven (7) days prior to commencement of scrap removal. Same arrangement continues until full settlement; failure to pay within stipulated time may result in forfeiture of deposit. |
| Removal Requirements | Successful bidder must remove mixed scrap on a fast-track basis and ensure minimum removal of 300 metric tons per month for the initial period (as specified). No vehicle shall exit without proper weighing, documentation and gate pass. |
| Bidder Documentation | Original CNIC mandatory and must be presented on inspection and auction days. Bidders must submit original company letterhead plus a copy of CNIC on both days; successful bidder to provide an additional CNIC copy for KGTML records. |
| Responsibilities | Successful bidder responsible for lifting, loading, transportation, labour, safety and compliance with applicable laws. KGTML not liable for loss, damage or accidents during removal. |
| Reservation | KGTML reserves the right to accept or reject any or all bids without assigning reason. |
| Location | Berth No. 6-10, East Wharf, Karachi Port, Karachi — Pakistan |
| Contact for inspection & gate entry | Mr. Shoaib Ahmed — Mobile: 0302-8509312 |
All bidders should follow the stated terms and conditions and ensure timely payment and removal as outlined. For gate pass and inspection arrangements contact the listed representative.
Published in The Express Tribune on Monday, 14 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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