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Poor demand for G-5 grade coal in September e-auction

21 Oct 2013

October 21: There was poor demand for G-5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered by four subsidiaries of Coal India Ltd (CIL) (ECL, SECL, WCL and NCL) for allotment through the e-auction platform of MSTC in September 2013, as 80,760 tons got allotted against the offered quantity of 215,350 tons.

In August, out of 262,940 tons of this grade offered by six subsidiaries of CIL, as much as 152,700 tons got allotted at a moderate premium over the reserve price.

The weighted average price of this grade of coal in September 2013 was at Rs 3,358.89 against Rs 3,241.48 in August.

Following are the details of e-auction of G-5 grade coal in September 2013:


Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered

Sold qty

(ARP) Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5801-6100

ROM

SECL

18-Sep-13

ROAD

Mahan II OC

16000

16000

2800

2800

2806.66875

0.24

0.24

5801-6100

SLK

SECL

18-Sep-13

ROAD

Kapildhara

16000

16000

2820

2820

2820.34375

0.01

0.01

5801-6100

SLK

SECL

18-Sep-13

ROAD

Kurja UG

20000

19650

2820

2820

2820

0

0

5801-6100

STM

ECL

26-Sep-13

RAIL

PAW-I I (SS)

58410

58410

2980

2980

3002.66667

0.76

0.76

5801-6100

STM

ECL

26-Sep-13

RAIL

MMU-I I I ( A)

38940

0

NA

NA

NA

0

0

5801-6100

STM

ECL

26-Sep-13

ROAD

KALIPAHARI: : KUSHADANGA

2000

2000

2980

2980

4533

52.11

52.11

5801-6100

STM

ECL

26-Sep-13

ROAD

MANDMAN INCLINE: Kalimati B-II

2000

2000

2980

2980

4444.8

49.15

49.15

5801-6100

STM

ECL

26-Sep-13

ROAD

BANSRA: : ( Purandip R-VII )

1500

1460

2980

2980

4488.12329

50.61

50.61

5801-6100

STM

ECL

26-Sep-13

ROAD

GOPINATHPUR OC PATCH: Gopinathpur B IV

2500

2500

2980

2980

4250.8

42.64

42.64

5801-6100

STM

ECL

26-Sep-13

ROAD

BONJEMEHARI OCP: Salanpur A & B (B-II & B-III)

2000

2000

2980

2980

4334.65

45.46

45.46

5801-6100

STM

NCL

23-Sep-13

ROAD

Block-B

51000

51000

2980

2980

3823.98039

28.32

28.32

5801-6100

STM

NCL

23-Sep-13

ROAD

Khadia

10000

10000

2980

2980

4475.96

50.2

50.2

5801-6100

STM

SECL

18-Sep-13

ROAD

Palkimara

1500

1500

2980

2980

3712

24.56

24.56

5801-6100

STM

SECL

18-Sep-13

ROAD

Nawapara UG

1000

1000

2980

2980

3256

9.26

9.26

5801-6100

STM

SECL

11-Sep-13

ROAD

Khairha UG (Bunker)

1500

300

2980

2980

2980

0

0

5801-6100

STM

WCL

30-Sep-13

ROAD

NM UG

4000

4000

3105

3105

4182.625

34.71

34.71

5801-6100

MIX

WCL

30-Sep-13

ROAD

BALLARPUR UG

3000

3000

2931

2931

2941.66667

0.36

0.36

Total

 

 

 

 

 

215350

80760