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Coal news and updates

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

02 Apr 2014

April 2: 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 March 2014 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.

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.

However, in January 2014, G-4 grade coal offered for allotment through the e-auction platform of coaljunction met with good demand as out of 130,830 tons offered, 100,746 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,859/ton.

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

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

6101-6400

G4

ROM

SECL

14-Mar-14

Mahmaya UG   (Stock)

Road

2,500

2,100

3,490.00

3,490.00

3,490.00

-

-

6101-6400

G4

SLK

SECL

15-Mar-14

Jhiria UG

Road

3,000

No Bid

3,510.00

3,510.00

NA

-

-

6101-6400

G4

 

CCL

20-Mar-14

ARGADA

Road

450

450

3,670.00

3,670.00

4,023.33

10

10

6101-6400

G4

 

CCL

20-Mar-14

RELIGARA

Road

4,600

4,600

3,670.00

3,670.00

4,493.28

22

22

6101-6400

G4

STM

ECL

28-Mar-14

BHANORA W.B. MINE :Sripur R-VI

Road

2,000

2,000

3,670.00

3,670.00

4,599.24

25

25

6101-6400

G4

STM

ECL

28-Mar-14

S.S.INCLINE:SRIPUR (R-VI)

Road

2,000

1,985

3,670.00

3,670.00

5,714.16

56

56

6101-6400

G4

STM

ECL

28-Mar-14

PARBELIA: :Hijuli- R-VIII

Road

1,000

1,000

3,670.00

3,670.00

4,945.95

35

35

6101-6400

G4

STM

ECL

28-Mar-14

PAW-I [POCP-II]

Rail

35,046

35,046

3,670.00

3,670.00

3,710.00

1

1

6101-6400 Total

 

 

 

 

 

 

50,596

47,181