CIL’s coal allotment via spot e-auction up 7.71% in Apr m-o-m
06 Jun 2014
June 6: The total allotment of coal offered by various subsidiaries of CIL through the spot e-auction route in April, rose 7.71% to 5.59 mt as compared to 5.19 mt allotted in March, according to provisional data available with ICMW.
The premium earned over the notified price in April stood at 53.17% over the notified price.
The quantity of coal allotted through the spot e-auction route during the various months is as follows:
February 2014: 6.22 mt
January 2014: 6.25 mt
December 2013: 5.64 mt
November 2013: 5.38 mt
October 2013: 5.37 mt
September 2013: 4.44 mt
August 2013: 4.36 mt
July 2013: 4.01 mt
June 2013: 4.51 mt
May 2013: 3.55 mt
April 2013: 3.22 mt
Coal offerings were as follows:
April 2014: 5.85 mt,
March 2014: 5.99 mt
February 2014: 7.43 mt
January 2014: 7.39 mt.
December 2013: 6.92 mt
November 2013: 6.68 mt,
October 2013: 6.22 mt,
September 2013: 4.93 mt,
August 2013: 5.64 mt,
July 2013: 4.55 mt,
June 2013: 5.31 mt,
May 2013: 4.14 mt May
April 2013: 3.67 mt
In April, the bid price of the allocated quantity stood at Rs 1,256.79 crore which was a 53.17% premium over the notified price of Rs 820.49 crore.
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 |
|
|
|
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 |
5.85 |
5.59 |
53.17 |
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.