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High demand for G-4 grade coal in Aug e-auction

26 Sep 2014

September 26: High demand was witnessed in case of G-4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered by CCL for allotment through the e-auction platform of MSTC in August 2014, as out of the quantity of 850 tons offered, 830 tons got allotted during the month at a weighted average price of Rs 6,195 per ton.

In July, out of the quantity of 9,510 tons of G-4 grade offered by CCL and NEC, 9,500 tons got allotted at a weighted average price of Rs 3,860 per ton.

However, during June, out of 54,550 tons of G-4 grade coal offered for allotment through the e-auction platform of MSTC, 45,150 tons got allotted during the month at a weighted average price of Rs 4,381 per ton.

Following are the details of e-auction of G-4 grade coal in August 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 (%)

6101-6400

G4

n

CCL

30-Aug-14

ROAD

BIRSA PROJECT

500

480

3,670

3,670

5,635

54

54

6101-6400

G4

n

CCL

30-Aug-14

ROAD

BHURKUNDA

350

350

3,670

3,670

6,961

90

90

6101-6400 Total

 

 

 

 

 

 

850

830