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Fair demand for G-5 grade coal in June e-auction

30 Jul 2014

July 30: There was fair demand for G-5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered by five subsidiaries of Coal India Ltd (CIL) for allotment through the e-auction platform of MSTC in June 2014, as 258,800 tons got allotted against the offered quantity of 323,300 tons at a weighted average price of Rs 3,838 per ton.

There was good demand for the same grade of coal offered by four subsidiaries of Coal India Ltd (CIL) for allotment in May 2014, as 50,612 tons got allotted against the offered quantity of 51,582 tons at a weighted average price of Rs 3,472 per ton.

However, there was moderate demand for G-5 grade coal offered by five subsidiaries of CIL for allotment through the e-auction platform of MSTC in April 2014, as 150,320 tons got allotted against the offered quantity of 231,250 tons at a weighted average price of Rs 3,881 per ton.

On the other hand, there was moderate demand for G-5 grade coal offered by six subsidiaries of CIL for allotment through the platform of MSTC in March 2014, as 136,790 tons got allotted against the offered quantity of 211,210 tons at a weighted average price of Rs 3,355 per ton.

Following are the details of e-auction of G-5 grade coal in June 2014:

GCV

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(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 (%)

5801-6100

G5

STM

SECL

28-Jun-14

Khairha UG (Bunker)

ROAD

2,000

2,000

2,980

2,980

3,867

30

30

5801-6100

G5

ROM

SECL

28-Jun-14

Palkimara

ROAD

4,000

4,000

2,800

2,800

3,491

25

25

5801-6100

G5

ROM

SECL

28-Jun-14

Mahan II OC

ROAD

60,000

60,000

2,800

2,800

3,406

22

22

5801-6100

G5

SLK

SECL

28-Jun-14

Kapildhara

ROAD

18,000

18,000

2,820

2,820

3,582

27

27

5801-6100

G5

SLK

SECL

28-Jun-14

Kurja UG

ROAD

20,000

20,000

2,820

2,820

3,684

31

31

5801-6100

G5

n

CCL

30-Jun-14

KARMA

ROAD

2,750

2,750

2,980

2,980

4,785

61

61

5801-6100

G5

SLURRY

CCL

30-Jun-14

SAWANG W SLURRY

ROAD

2,000

200

2,800

2,800

2,800

-

-

5950

G5

STM

ECL

27-Jun-14

Dhemomain:; Sripur(R-VI)

ROAD

500

500

2,980

2,980

4,478

50

50

5950

G5

STM

ECL

27-Jun-14

KUMARDHUBI (UG):Brindabanpur B-III & Singhpur

ROAD

3,000

3,000

2,980

2,980

3,622

22

22

5950

G5

STM

ECL

27-Jun-14

KHOTTADIH OCP : : Kenda Top & Bottom(R-V)

ROAD

7,000

7,000

2,980

2,980

5,058

70

70

5950

G5

STM

ECL

27-Jun-14

LAKHIMATA(U/G): Brindabanpur B-III

ROAD

3,800

3,800

2,980

2,980

3,729

25

25

5801-6100

G5

Steam

MCL

26-Jun-14

Nandira

ROAD

15,000

2,200

2,980

2,980

2,980

-

-

5801-6100

G5

Steam

MCL

26-Jun-14

Talcher

ROAD

50,000

100

2,980

2,980

2,980

-

-

5801-6100

G5

STM

NCL

23-Jun-14

Block B

ROAD

81,750

81,750

2,980

2,980

4,068

37

37

5801-6100

G5

STM

NCL

23-Jun-14

Khadia

ROAD

7,500

7,500

2,980

2,980

4,847

63

63

5801-6100

G5

SLK

SECL

20-Jun-14

Singhali

ROAD

12,000

12,000

2,820

2,820

3,793

34

34

5801-6100

G5

STM

SECL

20-Jun-14

Singhali

ROAD

8,000

8,000

2,980

2,980

3,954

33

33

5801-6100

G5

ROM

SECL

20-Jun-14

Rajgamar 4&5

ROAD

5,000

5,000

2,800

2,800

3,471

24

24

5801-6100

G5

SLK

SECL

20-Jun-14

Bagdeva

ROAD

10,000

10,000

2,820

2,820

3,963

41

41

5801-6100

G5

SLK

SECL

20-Jun-14

Banki

ROAD

4,000

4,000

2,820

2,820

3,995

42

42

5801-6100

G5

STM

SECL

20-Jun-14

Banki

ROAD

2,000

2,000

2,980

2,980

3,860

30

30

5801-6100

G5

SLK

SECL

20-Jun-14

Dhelwadih

ROAD

3,000

3,000

2,820

2,820

3,410

21

21

5801-6100

G5

STM

SECL

20-Jun-14

Nawapara UG

ROAD

2,000

2,000

2,980

2,980

4,407

48

48

Total

 

 

 

 

 

 

323,300

258,800