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Fair demand for G12 grade in Jan e-auction

24 Feb 2015

February 24: Fair demand was witnessed in January for G12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by CIL subsidiaries as out of the entire offered quantity of 864,000 tons of coal, 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 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 the details of e-auction of G12 grade coal on the MSTC platform during January 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

MCL

20-Jan-15

RAIL

Spur III ,IV, V & VI Sidings of Talcher Coalfields(Jagannath OCP ,Ananta OCP & Bhubaneswari OCP)

355,500

355,500

890

1,068

1,942

118

82

3701-4000

G12

ROM

MCL

20-Jan-15

RAIL

Deulbera Siding of Talcher Coalfields(Lingaraj OCP)

118,500

118,500

890

1,068

1,766

98

65

3701-4000

G12

ROM

MCL

20-Jan-15

ROAD

Bharatpur

80,000

41,310

890

1,068

1,068

20

0

3701-4000

G12

ROM

MCL

20-Jan-15

ROAD

Lingaraj

100,000

100,000

890

1,068

1,070

20

0

3701-4000

G12

ROM

MCL

20-Jan-15

ROAD

Bhubaneswari

100,000

100,000

890

1,068

1,222

37

14

3701-4000

G12

ROM

MCL

20-Jan-15

ROAD

Ananta

70,000

70,000

890

1,068

1,138

28

7

3701-4000

G12

STM

MCL

20-Jan-15

ROAD

Lilari

40,000

40,000

1,070

1,284

1,338

25

4

3701-4000 Total

           

864,000

825,310