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New UserCIL’s coal allotment via spot e-auction falls 7.51% in May m-o-m
27 Jun 2014
June 27: The total allotment of coal offered by various subsidiaries of CIL through the spot e-auction route in May, fell 7.751% to 5.17 mt as compared to 5.51 mt allotted in April, according to provisional data available with ICMW.
The premium earned over the notified price in May stood at 57.82% over the notified price.
In May, the bid price of the allocated quantity stood at Rs 1,198 crore which was a 58% premium over the notified price of Rs 759 crore.
During the first two months (April-May) of 2014-15, the total allotment of coal through spot e-auction stood at 10.88 mt whereas the offered quantity stood at 11.69 mt, which means nearly 93.07% of the offered quantity was allotted.
The total allotment of coal through spot e-auction during 2013-14 stood at 58.13 mt whereas the offered quantity stood at 68.86 mt, which means nearly 84.42% of the offered quantity was allotted.
The bid price of the allotted quantity during fiscal 2013-14 stood at Rs 12,767.06 crore which was 37.56% higher than the notified price of Rs 9,281.04 crore.
In 2012-13, allotment through spot e-auction stood at 44.26 mt while the offered quantity was 52.43 mt. The bid price of the allotted quantity stood at Rs 11,148.52 crore, which was 49.92% higher compared to the notified price of Rs 7,436.55 crore.
The following table contains the quantity of coal (provisional data) allotted by CIL via the spot e-auction route during 2013-14 and 2012-13:
|
|
2014-15 |
2013-14 |
2012-13 |
||||||
|
Month |
Qty offered (In tons) |
Qty allotted (In tons) |
Premium earned over notified price (In %) |
Qty offered (In tons) |
Qty allotted (In tons) |
Premium earned over notified price (In %) |
Qty offered (In tons) |
Qty allotted (In tons) |
Premium earned over notified price (In %) |
|
April |
5.85 |
5.59 |
53.17 |
3.67 |
3.22 |
40.9 |
3.83 |
3.47 |
69.7 |
|
May |
5.51 |
5.17 |
57.82 |
4.14 |
3.55 |
47.8 |
4.51 |
4.07 |
68.9 |
|
June |
|
|
|
5.31 |
4.51 |
45.6 |
3.66 |
3.35 |
53.9 |
|
July |
|
|
|
4.55 |
4.01 |
29.11 |
3.49 |
2.87 |
44.05 |
|
August |
|
|
|
5.64 |
4.36 |
32.3 |
3.57 |
2.81 |
48.22 |
|
September |
|
|
|
4.93 |
4.44 |
30.79 |
3.3 |
2.96 |
59.91 |
|
October |
|
|
|
6.22 |
5.37 |
37.57 |
3.36 |
3 |
66.39 |
|
November |
|
|
|
6.68 |
5.38 |
32.21 |
5.15 |
4.49 |
49.5 |
|
December |
|
|
|
6.92 |
5.64 |
36.27 |
5.79 |
3.88 |
33.8 |
|
January |
|
|
|
7.39 |
6.25 |
38.88 |
6.3 |
5.02 |
42.48 |
|
February |
|
|
|
7.43 |
6.22 |
36.75 |
7.78 |
6.54 |
51.7 |
|
March |
|
|
|
5.99 |
5.19 |
46.78 |
5.93 |
4.52 |
36.4 |
|
Total April-March |
11.69 |
10.88 |
55.12 |
68.86 |
58.12 |
37.56 |
52.43 |
44.26 |
49.9 |
# Figures may not tally due to revision in data made by CIL for prior period.