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Coal news and updates

G4 grade coal sees very good demand in August e-auction

02 Sep 2014

September 2: G4 grade coal (GCV range 6,100 Kcal/kg to 6,400 Kcal/kg) offered for allotment through the e-auction platform of coaljunction in August 2014 met with very good demand as out of 21,650 tons offered, 99.89% or 21,628 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 5,954/ton.

The same grade of coal offered for allotment through the e-auction platform of coaljunction in July 2014 also met with very good demand as out of 50,470 tons offered, 94% or 47,412 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,896/ton.

In June, this grade met with good demand on the same platform as out of 25,110 tons offered, 24,750 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 5,015/ton.

Following are the details of the average realised price of G4 grade coal in August:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

6101-6400

G4

STM

ECL

22-Aug-14

Road

NARSAMUDA: :NARSAMUDA ( R-X )

1,500

1,488

3,670.00

3,670.00

6,171.57

68

68

6101-6400

G4

STM

ECL

22-Aug-14

Road

CHINAKURI -3 PIT: :Barachak R-VIII

1,500

1,500

3,670.00

3,670.00

6,417.07

75

75

6101-6400

G4

STM

ECL

22-Aug-14

Road

PARBELIA: :Hijuli- R-VIII

500

500

3,670.00

3,670.00

6,257.52

71

71

6101-6400

G4

STM

ECL

22-Aug-14

Road

DHEMOMEIN: : Borachak( R-VIII )

750

750

3,670.00

3,670.00

5,741.73

56

56

6101-6400

G4

STM

ECL

22-Aug-14

Road

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

5,000

5,000

3,670.00

3,670.00

6,595.06

80

80

6101-6400

G4

STM

ECL

22-Aug-14

Road

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

1,500

1,500

3,670.00

3,670.00

6,270.80

71

71

6101-6400

G4

STM

ECL

22-Aug-14

Road

BHANORA W.B. MINE :Sripur R-VI

1,500

1,500

3,670.00

3,670.00

5,611.41

53

53

6101-6400

G4

STM

ECL

22-Aug-14

Road

CHITRA OCP::CHITRA

7,700

7,700

3,670.00

3,670.00

5,636.88

54

54

6101-6400

G4

STM

WCL

28-Aug-14

Road

GHORAWARI JHARNA(21/22)

1,000

1,000

3,670.00

3,695.00

4,613.20

26

25

6101-6400

G4

 

CCL

28-Aug-14

Road

ARGADA

200

190

3,670.00

3,670.00

4,850.00

32

32

6101-6400

G4

 

CCL

28-Aug-14

Road

RELIGARA

500

500

3,670.00

3,670.00

5,573.00

52

52

6101-6400 Total

 

 

 

 

 

 

21,650

21,628