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Good demand for G-7 grade coal at August e-auction

27 Sep 2013

September 27: Very good demand was witnessed for an offering of G7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal from CCL, NCL, WCL and SECL's mines for allotment through the MSTC platform during the month of August 2013.

During the month of August, a total of 41,750 tons were offered out of which 32,340 tons got allotted.

However, in July, a total of 192,010 tons of G-7 grade coal was offered out of which 174,990 tons got allotted.

Following are the details of G7 grade e-auction in August:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered

Sold qty

(ARP)Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase Over Notified Price (%)

% Increase Over Reserve Price (%)

5201-5500

n

CCL

29-Aug-13

ROAD

RAJRAPPA-SLURRY

         15,000

         10,900

      2,268

      1,890

          2,268

               20

           -  

5201-5500

SLK

SECL

8-Aug-13

ROAD

Bangwar UG (Bunker)

          6,000

          6,000

      2,292

      1,910

          2,292

               20

           -  

5201-5500

SLK

WCL

27-Aug-13

ROAD

TAWA

          7,000

          1,690

      2,520

      2,100

          2,520

               20

           -  

5201-5500

SLK

WCL

27-Aug-13

ROAD

TAWA - II

         12,500

         12,500

      2,520

      2,100

          2,909

               39

          15

5201-5500

STM

SECL

8-Aug-13

ROAD

Bangwar UG (Bunker)

          1,000

          1,000

      2,484

      2,070

          2,645

               28

            6

5201-5500

STM

WCL

27-Aug-13

ROAD

SARNI

             250

             250

      2,737

      2,281

          3,243

               42

          18

Total

 

 

 

 

 

        41,750

        32,340