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G-12 grade coal sees very strong demand in Apr e-auction

28 May 2014

May 28: Very strong 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 April 2014 as the entire offered quantity of 1,175,000 tons got allotted at a weighted average price of Rs 1,561 per ton.

However, 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 March 2014 as 1,022,000 tons out of 1,048,500 tons got allotted.

During February, no such coal was offered for allotment.

Following are the details of e-auctions of G-12 grade of coal 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 (%)

3701-4000

G12

STM

MCL

26-Apr-14

ROAD

Balram

160,000

160,000

1,070

1,284

1,597

49

24

3701-4000

G12

STM

MCL

26-Apr-14

ROAD

Hingula

40,000

40,000

1,070

1,284

1,299

21

1

3701-4000

G12

- 100mm

MCL

26-Apr-14

ROAD

Lingaraj

50,000

50,000

890

1,068

1,635

84

53

3701-4000

G12

- 100mm

MCL

26-Apr-14

ROAD

Ananta

100,000

100,000

890

1,068

1,652

86

55

3701-4000

G12

STM

MCL

26-Apr-14

ROAD

Samleswari

180,000

180,000

1,070

1,284

1,856

73

45

3701-4000

G12

STM

MCL

26-Apr-14

ROAD

Lajkura

80,000

80,000

1,070

1,284

1,860

74

45

3701-4000

G12

STM

MCL

26-Apr-14

ROAD

Lilari

35,000

35,000

1,070

1,284

1,932

81

50

3701-4000

G12

ROM

SECL

11-Apr-14

ROAD

Baroud OC

285,000

285,000

890

1,068

1,225

38

15

3701-4000

G12

ROM

SECL

11-Apr-14

ROAD

Chhal OC

115,000

115,000

890

1,068

1,557

75

46

3701-4000

G12

ROM

SECL

11-Apr-14

ROAD

Chhal OC

60,000

60,000

890

1,068

1,461

64

37

3701-4000

G12

ROM

SECL

11-Apr-14

ROAD

Manikpur OC

70,000

70,000

890

1,068

1,617

82

51

3701-4000 Total

           

1,175,000

1,175,000