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

28 May 2014

May 28: Out of 98,110 tons of G-4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered by ECL, CCL and SECL for allotment through the e-auction platform of MSTC in April 2014, 98,040 tons got allotted at a weighted average price of Rs 4,225 per ton.

However, out of 89,276 tons of G-4 grade coal offered by ECL, CCL and SECL for allotment through the e-auction platform of MSTC in March 2014, 67,894 tons got allotted at a weighted average price of Rs 4,808 per ton.

On the other hand, out of 53,864 tons of G-4 grade coal offered by CCL and SECL for allotment through the e-auction platform of MSTC in February 2014, 53,784 tons got allotted at a weighted average price of Rs 4,551 per ton.

Following are the details of e-auction of G-4 grade 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 (%)

6250

G4

STM

ECL

30-Apr-14

ROAD

PARBELIA : : HIJULI ( R-V I I I )

500

500

3,670

3,670

5,553

51

51

6250

G4

STM

ECL

30-Apr-14

ROAD

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

2,000

2,000

3,670

3,670

6,053

65

65

6250

G4

STM

ECL

30-Apr-14

ROAD

SONEPUR BAZARI PROJECT: Chora(R-VI, Dobrana (R-V), Chinchuria (R-IV)

20,000

20,000

3,670

3,670

6,098

66

66

6250

G4

STM

ECL

30-Apr-14

ROAD

Bhanora West Block Mine:Sripur(R-VI)

1,500

1,470

3,670

3,670

4,651

27

27

6101-6400

G4

n

CCL

28-Apr-14

ROAD

BHURKUNDA

4,700

4,700

3,670

3,670

4,959

35

35

6101-6400

G4

n

CCL

28-Apr-14

ROAD

BHURKUNDA (SANGAM)

5,000

4,960

3,670

3,670

4,125

12

12

6101-6400

G4

STM

SECL

11-Apr-14

ROAD

Bagdeva

6,000

6,000

3,670

3,670

3,815

4

4

6101-6400

G4

ROM

SECL

11-Apr-14

RAIL

Bhatgaon Siding

58,410

58,410

3,490

3,490

3,490

-

-

6101-6400 Total

           

98,110

98,040