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Very low demand for G10 grade coal in August e-auction

27 Sep 2013

September 27: There seemed to be very poor demand in August 2013 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by Central Coalfields Limited (CCL) and Mahanadi Coalfields Limited (MCL) – subsidiaries of Coal India Limited (CIL) – for allotment through MSTC platform as only 5,350 tons out of the offered quantity of 60,000 tons got allotted

However, in July, there seemed to be a strong demand for G10 grade coal offered by Central Coalfields Limited (CCL) and Northern Coalfields Limited (NCL) as 187,114 tons out of the offered quantity of 191,064 tons got allotted.

Following is the details of e-auctions of G10 grade of coal in August 2013:

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 (%)

4301-4600

n

CCL

29-Aug-13

ROAD

PIPARWAR W SLURRY

          5,000

          5,000

      1,392

      1,160

          1,392

               20

           -  

4301-4600

n

CCL

29-Aug-13

ROAD

RAJRAPPA REJECTS

          5,000

             250

      1,392

      1,160

          1,392

               20

           -  

4301-4600

STM

MCL

28-Aug-13

ROAD

Kulda(Stock)

         50,000

             100

      1,608

      1,340

          1,608

               20

           -  

Total

 

 

 

 

 

60,000

          5,350