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Fair demand for G4 grade coal in December e-auction

29 Jan 2015

January 29: A fair demand was noticed for G4 grade (GCV of 6,101-6,400 Kcal/kg) coal for allotment through the e-auction platform of MSTC in December 2014, as out of the entire offered quantity of 71,200 tons of coal, 61,450 tons got allotted at a weighted average price of Rs 4,478 per ton.

In fact, a high demand was noticed for this grade in November 2014, as out of the entire offered quantity of 26,400 tons, 26,340 tons got allotted at a weighted average price of Rs 7,541 per ton.

A strong demand was also noticed for this grade offered by CCL in October 2014, as the entire offered quantity of 3,670 tons got allotted at a weighted average price of Rs 6,011 per ton.

Following are the details of e-auction of G4 grade coal in December 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 (%)

6250

G4

STM

ECL

29-Dec-14

ROAD

JAMBAD OCP::JAMBAD (R-VIII)

10,000

10,000

3,670

3,670

7,432

102

102

6250

G4

STM

ECL

29-Dec-14

ROAD

Pandaveswar : Dobrana(R-V )

1,000

1,000

3,670

3,670

7,116

94

94

6101-6400

G4

n

CCL

26-Dec-14

ROAD

BIRSA PROJECT

5,200

5,200

3,670

3,670

3,851

5

5

6101-6400

G4

n

CCL

26-Dec-14

ROAD

BHURKUNDA

5,000

5,000

3,670

3,670

6,651

81

81

6101-6400

G4

ROM

SECL

24-Dec-14

ROAD

Kurja UG

30,000

20,600

3,490

3,490

3,490

-

-

6101-6400

G4

ROM

SECL

24-Dec-14

ROAD

Kumda 7&8

20,000

19,650

3,490

3,490

3,490

0.01

0.01

6101-6400 Total

 

 

 

 

 

 

71,200

61,450