APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
Registered User
New UserG-1 grade coal fails to attract bid in April spot e-auction
06 May 2014
May 6: Good demand was witnessed for G-1 grade coal (GCV above 7,000 Kcal/Kg) coal offered by BCCL of Coal India Limited (CIL) for allotment through the e-auction of platform of coaljunction during April 2014 as the offered quantity of 10,000 tons of coal failed to attract any bid during the month.
However, good demand was witnessed for G-1 grade coal coal offered by NEC of CIL for allotment through the e-auction of coaljunction in March 2014 as out of 29,250 tons offered, 24,890 tons got allotted at a weighted average price of Rs 6,006 per ton.
In fact, good demand was witnessed for G-1 grade coal coal offered by NEC of CIL for allotment through the e-auction of coaljunction during February, 2014 as out of 42,500 tons offered, 37,300 tons got allotted at a weighted average price of Rs 5,972 per ton.
Following are the details:
|
GCV Range |
Grade / GCV Band |
Size |
Name of the Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
|
>7000 |
G1 |
STM |
BCCL |
21-Apr-14 |
Dhansar |
ROAD |
10,000 |
No Bid |
5,200 |
5,200 |
NA |
|
|
>7000 Total |
|
|
|
|
|
|
10,000 |
0 |
|
|
|
|