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Fair demand for G3 grade coal in December e-auction

07 Jan 2016


There was fair demand for 49,900 tons of G3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered by Eastern Coalfields Limited (ECL) and Central Coalfields Limited (CCL) for allotment through coaljunction in December 2015, as per data available with ICMW.

 

There was nil demand for 10,000 tons of G3 grade coal offered by South Eastern Coalfields (SECL) for allotment through coaljunction in November 2015.

 

However, strong demand was witnessed for G3 grade coal offered by SECL for allocation through e-auction on coaljunction in October, 2015, as almost the entire offered quantity was allotted during the month. A total of 8,500 tons of this grade was offered on coaljunction in October of which 8,490 tons got allotted at a weighted average price of Rs 5,518 per ton.

 

Following table provides details of G3 grade coal e-auction on coaljunction in December 2015:
 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered(t)

Quantity Allotted(t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

6401-6700

G3

STM

ECL

28-Dec-15

CENTRAL KAJORA : Lower Kajora R-VIII T

ROAD

              2,500

               2,482

                  4,070

                  4,070

                     4,520

                                11

                                 11

6401-6700

G3

STM

ECL

28-Dec-15

Khaskajora::Lower Kajora(R-VIIIT)

ROAD

              4,000

               4,000

                  4,070

                  4,070

                     4,542

                                12

                                 12

6401-6700

G3

STM

ECL

28-Dec-15

JAMBAD : KENDA (R-VI)

ROAD

              4,000

               4,000

                  4,070

                  4,070

                     5,513

                                35

                                 35

6401-6700

G3

STM

ECL

28-Dec-15

BANSRA: : (Kenda R-VI )

ROAD

              3,500

               3,500

                  4,070

                  4,070

                     4,348

                                  7

                                  7

6401-6700

G3

STM

ECL

28-Dec-15

NINGHA:Dishergarh(R-IV)

ROAD

                 700

                 700

                  4,070

                  4,070

                     5,029

                                24

                                 24

6401-6700

G3

STM

ECL

28-Dec-15

CHITRA-A OC::Saharjori / Patrika

ROAD

            20,000

             20,000

                  4,070

                  4,070

                     4,736

                                16

                                 16

6401-6700

G3

 

CCL

29-Dec-15

RELIGARA

ROAD

            15,200

               2,800

                  4,070

                  4,070

                     4,070

                                -  

                                 -  

6401-6700 Total

 

 

 

 

 

 

           49,900

            37,482