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 |