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Fair demand for G-6 grade coal in Sept e-auction

31 Oct 2014

October 31: Fair demand was witnessed for G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by five subsidiaries of CIL in the month of September 2014 via the e-auctions conducted on the MSTC platform as out of the 39,345 tons offered, 39,240 tons got allotted at a weighted average price of Rs 4,680 per ton.

Further high demand was witnessed for G-6 grade offered by two subsidiaries of CIL in August 2014 on the MSTC platform as the full 15,200 tons of the offered quantity got allotted at a weighted average price of Rs 4,738 per ton.

Similar strong demand was also witnessed for the same grade in July 2014 as the entire 30,000 tons of the offered quantity got allotted at a weighted average price of Rs 4,103 per ton.

Following are the details of G-6 grade coal e-auction in Sept 2014:

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 (%)

5501-5800

G6

ROM

CCL

30-Sep-14

ROAD

CHURI

245

240

2,150

2,150

3,500

63

63

5501-5800

G6

STEAM

WCL

30-Sep-14

ROAD

TAWA - II

2,600

2,600

2,770

2,835

4,718

70

66

5501-5800

G6

ROM

SECL

26-Sep-14

ROAD

Gayatri UG

5,000

5,000

2,150

2,150

5,005

133

133

5501-5800

G6

STM

SECL

26-Sep-14

ROAD

Rehar UG

2,000

2,000

2,330

2,330

6,333

172

172

5501-5800

G6

SLK

SECL

26-Sep-14

ROAD

Rajendra UG (Bunker)

14,000

14,000

2,170

2,170

3,802

75

75

5501-5800

G6

STM

SECL

26-Sep-14

ROAD

Dhanpuri OC

9,000

9,000

2,330

2,330

5,189

123

123

5501-5800

G6

STM

ECL

29-Sep-14

ROAD

BEJDIH:: SRIPUR(R-VI)

500

500

2,330

2,330

7,468

221

221

5501-5800

G6

STM

ECL

29-Sep-14

ROAD

DABOR OCP: : Salanpur A (B-II)

5,000

5,000

2,330

2,330

5,418

133

133

5501-5800

G6

STM

BCCL

19-Sep-14

ROAD

BLOCK IV

1,000

900

2,330

2,330

2,331

0

0

5501-5800 Total

 

 

 

 

 

 

39,345

39,240