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16.28% of G8 grade coal gets allotted in August e-auction

04 Sep 2013

September 4: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered in August at the coaljunction platform by three subsidiaries of CIL met with poor demand as 16.28% of the total offered quantity of 160,600 tons got allotted. The total allotted quantity stood at 26,150 tons.

The weighted average price of the allotted quantity during the month stood at Rs 2,616 per ton.

In July, out of the total offered quantity of 166,800 tons, the allotted quantity stood at 120,700 tons and the weighted average price of the allotted quantity during the month stood at Rs 2,161 per ton.

Following are the details of e-auction of G8 grade coal by road delivery:

Name of the company

e-Auction Date

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

SECL

27-Aug-13

Aug-13

Baroud OC

G8

Sized ROM

ROM

Road

118,600

13,400

2,028.00

1,690.00

2,028.00

0

20

SECL

27-Aug-13

Aug-13

Dharam U/G

G8

Sized ROM

ROM

Road

9,000

No Bid

2,028.00

1,690.00

NA

#VALUE!

#VALUE!

WCL

29-Aug-13

Aug-13

HLCOC

G8

 

CRUSH ROM

Road

5,000

5,000

2,361.00

1,967.50

3,202.40

36

63

WCL

29-Aug-13

Aug-13

MANA

G8

 

SLK

Road

3,000

3,000

2,256.00

1,880.00

3,567.83

58

90

WCL

29-Aug-13

Aug-13

NANDGAON

G8

 

SLK

Road

3,000

3,000

2,256.00

1,880.00

3,660.67

62

95

CCL

30-Aug-13

Aug-13

KATHARA W. REJECTS

G8

4901-5200

 

Road

10,000

450

2,028.00

1,690.00

2,028.00

0

20

CCL

30-Aug-13

Aug-13

KEDLA W. REJECTS

G8

4901-5200

 

Road

12,000

1,300

2,028.00

1,690.00

2,028.00

0

20

Total

 

 

 

 

 

 

 

160,600

26,150