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Coal news and updates

G-4 grade coal sees good demand in April e-auction

06 May 2014

May 6: G4 grade coal (GCV range 6,100 Kcal/kg to 6,400 Kcal/kg) offered for allotment through the e-auction platform of coaljunction in April 2014 met with good demand as out of 51,600 tons offered, 45,570 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,692/ton.

In March 2014, G-4 grade coal offered for allotment through the e-auction platform of coaljunction met with good demand as out of 50,596 tons offered, 47,181 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,298/ton.

However, in February 2014, G-4 grade coal offered for allotment through the e-auction platform of coaljunction met with good demand as out of 337,530 tons offered, 294,982 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,842/ton.

Following are the details of average realised price of G4 grade coal in April:

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 (%)

% Increase Over Reserve Price (%)

6101-6400

G4

Sized ROM

SECL

16-Apr-14

Mahamaya UG   (Stock)

ROAD

1,000

1,000

3,490

3,490

3,642

4

4

6101-6400

G4

STM

ECL

25-Apr-14

NARSAMUDA: :NARSAMUDA ( R-X )

ROAD

2,000

2,000

3,670

3,670

5,623

53

53

6101-6400

G4

STM

ECL

25-Apr-14

CHINAKURI -3 PIT: :Barachak R-VIII

ROAD

2,000

2,000

3,670

3,670

6,062

65

65

6101-6400

G4

STM

ECL

25-Apr-14

DHEMOMEIN: : Borachak( R-VIII )

ROAD

1,000

1,000

3,670

3,670

4,643

27

27

6101-6400

G4

STM

ECL

25-Apr-14

DALURBAND :DOBRANA R VII (A & B)

ROAD

3,000

3,000

3,670

3,670

4,758

30

30

6101-6400

G4

STM

ECL

25-Apr-14

CHITRA OCP::CHITRA

ROAD

25,000

25,000

3,670

3,670

4,250

16

16

6101-6400

G4

STM

ECL

25-Apr-14

PATMOHONA PIT : Borachak( R-VIII )

ROAD

500

500

3,670

3,670

6,137

67

67

6101-6400

G4

STM

ECL

25-Apr-14

JAMBAD (OCP): :Jambad ( R-VIII )

ROAD

6,000

6,000

3,670

3,670

5,922

61

61

6101-6400

G4

SLK

SECL

28-Apr-14

Jhiria UG

ROAD

3,000

No Bid

3,510

3,510

NA

 

 

6101-6400

G4

SLK

SECL

28-Apr-14

Malga

ROAD

3,000

No Bid

3,510

3,510

NA

 

 

6101-6400

G4

 

CCL

30-Apr-14

BIRSA PROJECT

ROAD

1,350

1,320

3,670

3,670

4,368

19

19

6101-6400

G4

 

CCL

30-Apr-14

ARGADA

ROAD

450

450

3,670

3,670

4,250

16

16

6101-6400

G4

 

CCL

30-Apr-14

RELIGARA

ROAD

3,300

3,300

3,670

3,670

4,652

27

27

6101-6400 Total

 

 

 

 

 

 

51,600

45,570