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Coal news and updates

G-4 grade sees good demand in June e-auction

30 Jul 2014

July 30: Out of the quantity of 54,550 tons of G-4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered by ECL, CCL and SCL for allotment through the e-auction platform of MSTC in June 2014, 45,150 tons got allotted during the month at a weighted average price of Rs 4,381 per ton.

In May, the entire quantity of 26,270 tons of G-4 grade offered by ECL and CCL for allotment through the e-auction platform of MSTC got allotted 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 June 2014:

GCV

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(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

SECL

28-Jun-14

Bagdeva

ROAD

21,000

21,000

3,670

3,670

3,853

5

5

6101-6400

G4

SLK

SECL

28-Jun-14

Malga

ROAD

2,000

2,000

3,510

3,510

3,520

0

0

6101-6400

G4

ROM

SECL

28-Jun-14

Kumda 7&8 (Stock)

ROAD

12,000

3,100

3,490

3,490

3,491

0

0

6101-6400

G4

ROM

SECL

28-Jun-14

Kapildhara

ROAD

2,000

2,000

3,490

3,490

3,528

1

1

6101-6400

G4

ROM

SECL

28-Jun-14

Kurja UG

ROAD

2,500

2,000

3,490

3,490

3,490

-

-

6101-6400

G4

n

CCL

30-Jun-14

BIRSA PROJECT

ROAD

50

50

3,670

3,670

4,780

30

30

6250

G4

STM

ECL

27-Jun-14

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

ROAD

1,500

1,500

3,670

3,670

5,495

50

50

6250

G4

STM

ECL

27-Jun-14

Dhemomain:; Borachak (R-VIII)

ROAD

500

500

3,670

3,670

5,197

42

42

6250

G4

STM

ECL

27-Jun-14

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

ROAD

12,000

12,000

3,670

3,670

5,758

57

57

6250

G4

STM

ECL

27-Jun-14

Bhanora West Block Mine:Sripur(R-VI)

ROAD

1,000

1,000

3,670

3,670

4,833

32

32

Total

 

 

 

 

 

 

54,550

45,150