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Coal news and updates

G9 grade coal sees good demand in June e-auction

07 Jul 2014

July 7: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in June met with good demand as out of a total offered quantity of 437,100 tons, 374,720 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,464/ton.

Meanwhile, in May, G9 grade coal offered on the coaljunction platform met with strong demand as out of a total offered quantity of 454,950 tons, 434,950 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,135/ton.

In April, the offering met with moderate demand as out of a total offered quantity of 554,250 tons, 509,700 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,459/ton.

Following are the details of the e-auction of G9 grade coal in June:

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 (%)

4601-4900

G9

CRUROM

WCL

25-Jun-14

Gouri CHP

Road

25,000

25,000

1,687.50

2,025.00

2,383.92

41

18

4601-4900

G9

CRUROM

WCL

25-Jun-14

Sasti OC

Road

19,900

19,900

1,687.50

2,025.00

2,532.36

50

25

4601-4900

G9

CRUROM

WCL

25-Jun-14

THROUGH CHARGAON CHP

Road

2,000

2,000

1,687.50

2,025.00

2,857.10

69

41

4601-4900

G9

CRUROM

WCL

27-Jun-14

NAIGAON (Cost Plus)

Road

75,000

38,000

2,305.83

2,767.00

2,767.00

20

-

4601-4900

G9

CRUROM

WCL

27-Jun-14

UKNI OC (Cost plus)

Road

50,000

50,000

2,355.83

2,827.00

2,920.42

24

3

4601-4900

G9

SLURRY

WCL

27-Jun-14

NANDAN WASHERY

Road

25,500

120

1,590.00

1,908.00

1,908.00

20

-

4601-4900

G9

ROM

CCL

27-Jun-14

PURNADIH

Road

10,000

10,000

1,310.00

1,572.00

2,000.46

53

27

4601-4900

G9

ROM

CCL

27-Jun-14

PIPARWAR Coal Dump

Road

229,700

229,700

1,310.00

1,572.00

2,335.16

78

49

4601-4900  Total

           

437,100

374,720