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Coal news and updates

G4 grade sees strong demand in Oct e-auction

04 Nov 2014

November 4: G4 grade coal (GCV range of 6,100 Kcal/kg to 6,400 Kcal/kg) offered for allotment through the e-auction platform of coaljunction in October 2014 met with strong demand as the entire offered quantity of 18,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 7,822/ton.

G4 grade coal offered for allotment through the e-auction platform of coaljunction in September 2014 also met with strong demand as the entire offered quantity of 3,575 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 6,229/ton.

This grade offered for allotment 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.

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

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

27-Oct-14

ROAD

NARSAMUDA: :NARSAMUDA ( R-X )

1,500

1,500

3,670

3,670

8,248

125

125

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

DHEMOMEIN: : Borachak( R-VIII )

750

750

3,670

3,670

7,393

101

101

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

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

1,500

1,500

3,670

3,670

8,364

128

128

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

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

10,000

10,000

3,670

3,670

8,127

121

121

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

KALIDASPUR PROJ : Ghusick 'A' (R-IXA)

1,500

1,500

3,670

3,670

6,423

75

75

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

PARBELIA: :Hijuli- R-VIII

500

500

3,670

3,670

8,258

125

125

6101-6400

G4

STM

ECL

27-Oct-14

ROAD

CHINAKURI -3 PIT: :Barachak R-VIII

1,250

1,250

3,670

3,670

8,392

129

129

6101-6400

G4

STM

WCL

31-Oct-14

ROAD

GHORAWARI JHARNA(21/22)

1,000

1,000

3,670

3,695

4,809

31

30

6101-6400 Total

 

 

 

 

 

 

18,000

18,000