G-7 grade coal attracts moderate demand in Apr e-auction
28 May 2014
May 28: Moderate demand was witnessed for G-7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal offered by four subsidiaries of CIL for allotment through the MSTC platform during April 2014 as out of 75,000 tons offered, 51,940 tons got allotted at a weighted average price of Rs 2,694 per ton.
However, moderate demand was witnessed for G-7 grade coal offered by two subsidiaries of CIL for allotment through the MSTC platform during March 2014 as out of 66,940 tons offered, 33,510 tons got allotted at a weighted average price of Rs 2,600 per ton.
On the other hand, good demand was witnessed for G-7 grade coal offered by four subsidiaries of CIL for allotment through the MSTC platform during February 2014 as out of 256,360 tons offered, 230,940 tons got allotted at the e-auction at a weighted average price of Rs 2,507 per ton.
Following are the details of G7 grade coal e-auction 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 (%) |
5201-5500 |
G7 |
n |
CCL |
28-Apr-14 |
ROAD |
GIRIDIH |
10,000 |
10,000 |
2,070 |
2,484 |
2,506 |
21 |
1 |
5201-5500 |
G7 |
n |
CCL |
28-Apr-14 |
ROAD |
GIDI-C |
10,000 |
4,670 |
2,070 |
2,484 |
2,484 |
20 |
0 |
5201-5500 |
G7 |
n |
CCL |
28-Apr-14 |
ROAD |
CSC BELTHARWA (MP) (PL) |
15,000 |
- |
|||||
5201-5500 |
G7 |
SLACK |
WCL |
29-Apr-14 |
ROAD |
TAWA - II |
3,000 |
2,960 |
2,290 |
2,748 |
3,796 |
66 |
38 |
5201-5500 |
G7 |
SLACK |
WCL |
29-Apr-14 |
ROAD |
TAWA |
4,000 |
1,510 |
2,290 |
2,748 |
2,748 |
20 |
0 |
5201-5500 |
G7 |
SLK |
SECL |
11-Apr-14 |
ROAD |
Bangwar UG (Bunker) |
12,000 |
11,800 |
1,910 |
2,292 |
2,292 |
20 |
- |
5201-5500 |
G7 |
STM |
SECL |
11-Apr-14 |
ROAD |
Bangwar UG (Bunker) |
1,000 |
1,000 |
2,070 |
2,484 |
3,167 |
53 |
27 |
5201-5500 |
G7 |
STM |
BCCL |
22-Apr-14 |
ROAD |
DAMAGORIA CHAPTORIA OCP |
20,000 |
20,000 |
2,070 |
2,484 |
2,884 |
39 |
16 |
5201-5500 Total |
75,000 |
51,940 |