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New UserG-7 grade coal attracts moderate demand in March e-auction
23 Apr 2014
April 23: Moderate demand was witnessed for G-7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) 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.
However, 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.
However, no demand was witnessed for G-7 grade coal offered by CCL for allotment through the same platform in January 2014 as 8,000 tons offered failed to attract any bid.
Following are the details of G7 grade coal e-auction in March 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 (%) |
|
5201-5500 |
G7 |
n |
CCL |
21-Mar-14 |
ROAD |
GIRIDIH |
26,400 |
10,000 |
2,070 |
2,484 |
2,484 |
20 |
0 |
|
5201-5500 |
G7 |
n |
CCL |
21-Mar-14 |
ROAD |
RAJRAPPA-SLURRY |
20,000 |
11,790 |
1,890 |
2,268 |
2,268 |
20 |
0 |
|
5201-5500 |
G7 |
n |
CCL |
21-Mar-14 |
ROAD |
CSC BELTHARWA (MP) (PL) |
7,750 |
- |
? |
? |
|||
|
5201-5500 |
G7 |
SLACK |
WCL |
21-Mar-14 |
ROAD |
TAWA - II |
4,000 |
4,000 |
2,290 |
2,748 |
3,584 |
56.5 |
30.41 |
|
5201-5500 |
G7 |
SLACK |
WCL |
21-Mar-14 |
ROAD |
TAWA |
8,790 |
7,720 |
2,290 |
2,748 |
2,748 |
20.02 |
0.02 |
|
Total |
66,940 |
33,510 |