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G-12 grade coal sees good demand in March e-auction

23 Apr 2014

April 23: Good demand was witnessed for G-12 (GCV 3,701 to 4,000 Kcal/Kg) grade coal offered by two subsidiaries of CIL for allotment via the MSTC platform during the month of March 2014 as 1,022,000 tons out of 1,048,500 tons got allotted.

During the previous month, no such coal was offered for allotment.

Following are the details of e-auctions of G-12 grade of coal in March 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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

-100mm

MCL

19-Mar-14

RAIL

Ananta Spur VI (Bhubaneswari /Ananta OCP)

118,500

118,500

890

1,068

2,190

146.03

105.02

3701-4000

G12

-100mm

MCL

19-Mar-14

ROAD

Ananta

175,000

175,000

890

1,068

1,300

46.11

21.76

3701-4000

G12

Steam

MCL

19-Mar-14

ROAD

Balram

130,000

130,000

1,070

1,284

1,289

20.46

0.38

3701-4000

G12

Steam

MCL

19-Mar-14

ROAD

Hingula

50,000

23,500

1,070

1,284

1,284

20.03

0.02

3701-4000

G12

-100mm

MCL

19-Mar-14

ROAD

Lingaraj

100,000

100,000

890

1,068

1,145

28.63

7.19

3701-4000

G12

ROM

SECL

10-Mar-14

ROAD

Baroud OC

300,000

300,000

890

1,068

1,075

20.82

0.69

3701-4000

G12

ROM

SECL

10-Mar-14

ROAD

Chhal OC

100,000

100,000

890

1,068

1,413

58.73

32.28

3701-4000

G12

ROM

SECL

10-Mar-14

ROAD

Manikpur OC

75,000

75,000

890

1,068

1,502

68.8

40.67

Total

           

1,048,500

1,022,000