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Good demand for G13 grade in Jan e-auction

24 Feb 2015

February 24: More or less good demand was witnessed in January 2015 for G13 grade (GCV 3,401 to 3,700 Kcal/kg) coal offered by CIL subsidiaries as out of the entire offered quantity of 835,750 tons of coal, 740,880 tons got allotted at a weighted average price of Rs 1,573 per ton.

However, very strong demand was witnessed in December for G13 grade as the entire offered quantity of 480,000 tons got allotted at a weighted average price of Rs 1,439 per ton.

On the other hand, during November, this grade was not offered for allotment via this platform.

Following are the details of e-auction of G13 grade coal on the MSTC platform during January 2015:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP) Average Notified Price (in Rs)

(ARP) Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

3401-3700

G13

ROM

MCL

20-Jan-15

RAIL

BOCM Group of Siding(Belpahar OCP & Lakhanpur OCP)

237,000

237,000

820

984

1,993

143

103

3401-3700

G13

ROM

MCL

20-Jan-15

RAIL

LOCM I/LOCM II Sidings(Samleswari OCP & Lajkura OCP)

98,750

98,750

820

984

2,309

182

135

3401-3700

G13

ROM

MCL

20-Jan-15

ROAD

Lakhanpur

150,000

150,000

820

984

1,268

55

29

3401-3700

G13

ROM

MCL

20-Jan-15

ROAD

Samleswari

50,000

50,000

820

984

1,455

77

48

3401-3700

G13

ROM

MCL

20-Jan-15

ROAD

Balram

200,000

105,130

820

984

984

20

0

3401-3700

G13

ROM

MCL

20-Jan-15

ROAD

Hingula

100,000

100,000

820

984

988

20

0

3401-3700 Total

           

835,750

740,880