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Strong demand for G13 grade coal in Oct e-auction

27 Nov 2013

November 27: There was a very strong demand for G13 grade (GCV 3,400 to 3,700 Kcal/kg) coal offered by MCL for allotment through the MSTC platform in October 2013 as the entire offered quantity of 405,000 got allotted at a weighted average price of Rs 1,367.

In September, this grade was not offered.

The following are the details of e-auctions of G13 grade of coal in October 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered(In tons)

Allotted qty (In tons)

(ANP)Average Notified Price (in Rs/ton)

(ARP) Average Reserve Price (In Rs/ton)

(AAP) Average Auctioned Price (in Rs/ton)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

3400-3700

- 100mm

MCL

30-Oct

ROAD

Hingula

60000

60000

820

984

                       1,112

35.63

13.03

3400-3700

- 100mm

MCL

30-Oct

ROAD

Lakhanpur

220000

220000

820

984

                       1,418

72.97

44.14

3400-3700

- 100mm

MCL

30-Oct

ROAD

Belpahar

125000

125000

820

984

                       1,402

70.93

42.44

Total

 

 

 

 

 

405000

405000