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G-7 grade attracts good demand in Sept e-auction

31 Oct 2014

October 31: There was good demand for G-7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal offered by four subsidiaries (CCL, WCL, ECL and SECL) of CIL for allotment through the MSTC platform during September 2014 as out of the offered quantity of 76,110 tons, 74,280 tons got allotted at a weighted average price of Rs 3,180 per ton.

However, there was strong demand for G-7 grade offered by two subsidiaries (CCL and BCCL) of CIL during August 2014 as the entire offered quantity of 3,800 tons got allotted at a weighted average price of Rs 4,049 per ton.

Good demand was also witnessed for this grade offered by two subsidiaries (CCL and SECL) in July 2014 as 35,410 tons got allotted out of the offered quantity of 38,250 at a weighted average price of Rs 2,934 per ton.

Following are the details of G-7 grade coal e-auction in September 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 (%)

5201-5500

G7

n

CCL

30-Sep-14

ROAD

RAJRAPPA-SLURRY

40,000

40,000

1,890

2,268

2,532

34

12

5201-5500

G7

ROM

CCL

30-Sep-14

ROAD

GIRIDIH

1,230

1,200

2,070

2,484

2,694

30

8

5201-5500

G7

SLACK

WCL

30-Sep-14

ROAD

TAWA - II

1,180

1,180

2,290

2,748

4,293

87

56

5201-5500

G7

STEAM

WCL

30-Sep-14

ROAD

MANA

900

900

2,450

2,940

4,904

100

67

5201-5500

G7

STEAM

WCL

30-Sep-14

ROAD

NANDGAON

1,800

1,800

2,450

2,970

4,411

80

49

5201-5500

G7

SLK

SECL

26-Sep-14

ROAD

Bangwar UG (Bunker)

4,000

4,000

1,910

2,292

3,435

80

50

5201-5500

G7

ROM

SECL

26-Sep-14

ROAD

Sharda (High Wall) (Stock)

25,000

25,000

1,890

2,268

4,001

112

76

5201-5500

G7

STM

ECL

29-Sep-14

ROAD

SIMLONG: : SEAM TOP (NO-I) SEAM BOTTOM ( NO-I I)

2,000

200

2,070

2,484

2,484

20

-

5201-5500 Total

 

 

 

 

 

 

76,110

74,280