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G2 grade coal fails to attract bids in June e-auction

07 Jul 2014

July 7: There was no demand for G2 grade coal (GCV ranging between 6,701 Kcal/kg and 7,000 Kcal/kg) on the e-auction platform of coaljunction in June 2014. The offered quantity stood at 27,500 tons.

During the previous month, this grade of coal was not offered.

Following are the details:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

6701-7000

G2

ROM

NEC

5-Jun-14

Tirap

Rail

27,500

No Bid

4,870.00

4,870.00

NA

-

-

6701-7000 Total

           

27,500

-