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Very strong demand for G12 in March e-auction

28 Apr 2015

April 28: A very strong demand was witnessed in March, 2015 for G12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by CIL subsidiaries as out of 975,000 tons, 974,000 tons got allotted at a weighted average price of Rs 1,376 per ton.

 A similar kind of very strong demand was witnessed in February, 2015 for G12 grade coal as the entire offered quantity of 425,000 tons got allotted at a weighted average price of Rs 1,682 per ton.

Fair demand was witnessed in January as out of the entire offered quantity of 864,000 tons, 825,310 tons got allotted at a weighted average price of Rs 1,583 per ton.

However, very strong demand was witnessed for this grade offered in December as the entire offered quantity of 925,000 tons got allotted at a weighted average price of Rs 1,612 per ton.

During November, this grade was not offered for allotment via this platform.

Following are details of the e-auction of G12 grade on the MSTC platform in March 2015:

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 (%)

3701-4000

G12

ROM

SECL

21-Mar-15

ROAD

Baroud OC

1,75,000

1,75,000

890

1,068

1,333

50

25

3701-4000

G12

ROM

SECL

21-Mar-15

ROAD

Chhal OC

1,50,000

1,50,000

890

1,068

1,486

67

39

3701-4000

G12

ROM

MCL

18-Mar-15

ROAD

Lingaraj

30,000

30,000

890

1,068

1,627

83

52

3701-4000

G12

ROM

MCL

18-Mar-15

ROAD

Bhubaneswari

1,00,000

1,00,000

890

1,068

1,603

80

50

3701-4000

G12

ROM

MCL

18-Mar-15

ROAD

Ananta

1,00,000

1,00,000

890

1,068

1,775

99

66

3701-4000

G12

ROM

MCL

18-Mar-15

ROAD

Bharatpur

30,000

30,000

890

1,068

1,627

83

52

3701-4000

G12

ROM

MCL

18-Mar-15

ROAD

Kaniha

2,40,000

2,40,000

890

1,068

1,069

20

0

3701-4000

G12

STM

MCL

18-Mar-15

ROAD

Lakhanpur

50,000

49,960

1,070

1,284

1,286

20

0

3701-4000

G12

STM

MCL

18-Mar-15

ROAD

Hingula

1,00,000

1,00,000

1,070

1,284

1,288

20

0

3701-4000 Total

 

 

 

 

 

 

9,75,000

9,74,960