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G-4 grade coal sees very strong demand in May e-auction

24 Jun 2014

June 24: The entire quantity of 26,270 tons of G-4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered by ECL and CCL for allotment through the e-auction platform of MSTC in May 2014, got allotted during the month at a weighted average price of Rs 4,671 per ton.

However, out of 98,110 tons of G-4 grade 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.

On the other hand, 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.

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

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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-May-14

ROAD

CHITRA OCP::CHITRA

19270

19270

3,670

3,670

4,783

30

30

6250

G4

STM

ECL

30-May-14

ROAD

PATMOHONA PIT : Borachak( R-VIII )

500

500

3,670

3,670

5,705

55

55

6250

G4

STM

ECL

30-May-14

ROAD

Narsamuda:: Narsamuda (R-X )

1000

1000

3,670

3,670

4,622

26

26

6250

G4

STM

ECL

30-May-14

ROAD

CHINAKURI-3 PIT : Borachak R-VIII

1500

1500

3,670

3,670

5,021

37

37

6250

G4

STM

ECL

30-May-14

ROAD

Dhemomain:; Borachak (R-VIII)

500

500

3,670

3,670

4,415

20

20

6250

G4

STM

ECL

30-May-14

ROAD

DALURBAND: Dobrana R-VII(A&B)

3000

3000

3,670

3,670

3,685

0

0

6101-6400

G4

n

CCL

31-May-14

ROAD

BIRSA PROJECT

500

500

3,670

3,670

4,542

24

24

6101-6400 Total

 

 

 

 

 

 

26,270

26,270