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Coal news and updates

Fair demand for select G-6 grade coals in April e-auction

28 May 2014

May 28: A volume of 182,005 tons of G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by four subsidiaries of CIL met with fair demand in the April 2014 e-auctions conducted on the MSTC platform as 181,970 tons got allotted at a weighted average price of Rs 2,913 per ton.

In fact, a quantity of 83,675 tons of G-6 grade coal offered by five subsidiaries of CIL met with very strong demand in the March 2014 e-auctions conducted on the MSTC platform as 83,470 tons got allotted at a weighted average price of Rs 2,797 per ton.

On the other hand, the entire quantity of 39,600 tons of G-6 grade coal offered by two subsidiaries of CIL also met with very strong demand in the February 2014 e-auctions conducted on the MSTC platform as the entire quantity got allotted at a weighted average price of Rs 3,227 per ton.

Following are the details of G-6 grade coal e-auction in April 2014:


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 (%)

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

TAWA - II

1,750

1,750

2,835

2,835

4,677

65

65

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

PATANSAONGI

6,000

6,000

2,770

2,770

3,146

14

14

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

TAWA

375

340

2,835

2,835

4,399

55

55

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

SILEWARA

500

500

2,770

2,770

4,249

53

53

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

SAONER U/G - I

7,000

7,000

2,770

2,770

3,067

11

11

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

SAONER U/G - II

7,500

7,500

2,770

2,770

2,995

8

8

5501-5800

G6

STEAM

WCL

29-Apr-14

ROAD

SAONER U/G - III

5,000

5,000

2,770

2,770

3,010

9

9

5501-5800

G6

STM

NCL

15-Apr-14

ROAD

Krishnshila

15,000

15,000

2,330

2,330

4,717

102

102

5501-5800

G6

ROM

SECL

11-Apr-14

ROAD

Sharda (High Wall) (Stock)

50,000

50,000

2,150

2,150

2,961

38

38

5501-5800

G6

SLK

SECL

11-Apr-14

ROAD

Khairha UG (Bunker)

3,000

3,000

2,170

2,170

2,792

29

29

5650

G6

STM

ECL

30-Apr-14

RAIL

SLS - I

77,880

77,880

2,330

2,330

2,338

0

0

5650

G6

STM

ECL

30-Apr-14

ROAD

DABOR OCP: : Salanpur A (B-II)

8,000

8,000

2,330

2,330

3,900

67

67

5501-5800 Total

           

182,005

181,970