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Coal news and updates

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

26 Mar 2014

March 26: Out of 53,864 tons of G-4 grade (GCV between 6,101 and 6,400 Kcal/kg) 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.

However, out of 107,330 tons of G-4 grade coal offered by CCL and SECL for allotment through the e-auction platform of MSTC in January 2014, 101,530 tons got allotted at a weighted average price of Rs 3,752 per ton.

On the other hand, in December, however, out of 56,250 tons of G-4 grade coal offered by CCL and ECL for allotment through the e-auction platform of MSTC, 39,140 tons got allotted at a weighted average price of Rs 4,400 per ton.

Following are the details of e-auction of G-4 grade coal in February 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted Qty (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 (%)

6101-6400

G4

STM

ECL

27-Feb-14

RAIL

TOP-I (BELBAID)

23,364

23,364

3,670

3,670

3,865

5

5

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

KALIDASPUR PROJECT: R IX(T&B)

1,500

1,470

3,670

3,670

3,691

1

1

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

CHITRA OCP:: CHITRA

20,000

20,000

3,670

3,670

4,892

33

33

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

Narsamuda:: Narsamuda(R-X)

2,000

1,970

3,670

3,670

6,206

69

69

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

Dhemomain:; Borachak(R-VIII)

1,000

1,000

3,670

3,670

4,996

36

36

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

DALURBAND: Dobrana R-VII(A&B)

3,000

3,000

3,670

3,670

5,187

41

41

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

CHINAKURI-3 PIT:Borachak R-VIII

1,500

1,480

3,670

3,670

6,378

74

74

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

PATMOHONA PIT:Borachak(R-VIII)

500

500

3,670

3,670

5,964

63

63

6101-6400

G4

STM

ECL

27-Feb-14

ROAD

PARBELIA:: HIJULI (R-VIII)

1,000

1,000

3,670

3,670

6,011

64

64

             

53,864

53,784