Tamil NaduMonday, 13 July 2026·Hindu Tamil Thisai
Forest Department to auction 100 tonnes of red sanders with ₹52.38 crore reserve price
Tamil Nadu Forest Department has put 100 tonnes of red sanders for e-auction through MSTC with a reserve price of ₹52.38 crore.
Key highlights
Direct fact
In July 2026, the Tamil Nadu Forest Department announced an e-auction of 100 tonnes of red sanders stored in Tirupattur, with a reserve price of ₹52.38 crore through MSTC, after receiving approval from the Union government.
Key specifics
- The stock includes 80 tonnes of C-grade red sanders and 20 tonnes of non-C-grade red sanders.
- The reserve price for C-grade wood is US$62,014 per tonne, equal to ₹59,11,825.
- The reserve price for non-C-grade wood is US$26,679 per tonne, equal to ₹25,43,322.
- The auction is being conducted through MSTC, the Union government’s e-auction agency.
- The wood is stored in a warehouse in Tirupattur and the auction is meant to ensure transparency and higher revenue.
Exam lens
TNPSC Tamil Nadu economy and forest administration question type: reserve price and quantity, 100 tonnes, ₹52.38 crore, MSTC, Tirupattur, 80 tonnes C-grade and 20 tonnes non-C-grade red sanders.