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G13 grade sees strong demand in December e-auction

30 Jan 2015

January 30: A very strong demand was witnessed in December for G13 grade (GCV 3,401 to 3,700 Kcal/kg) coal offered by CIL subsidiaries as the entire offered quantity of 480,000 tons got allotted at a weighted average price of Rs 1,439 per ton.

However, during the previous month, this grade was not offered for allotment via this platform.

Following are the details of e-auction of G13 grade coal on the MSTC platform during 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 (%)

3401-3700

G13

ROM

MCL

9-Dec-14

ROAD

Lakhanpur*

300,000

300,000

820

984

1,367

67

39

3401-3700

G13

ROM

MCL

9-Dec-14

ROAD

Belpahar*

80,000

80,000

820

984

1,591

94

62

3401-3700

G13

ROM

MCL

9-Dec-14

ROAD

Samleswari*

50,000

50,000

820

984

1,474

80

50

3401-3700

G13

ROM

MCL

9-Dec-14

ROAD

Hingula*

50,000

50,000

820

984

1,593

94

62

3401-3700 Total

 

 

 

 

 

 

480,000

480,000