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G9 grade sees fair demand in December e-auction

30 Jan 2015

January 30: A more or less fair demand was witnessed for the 223,300 tons of G9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered by CIL subsidiaries through the MSTC platform in December 2014 as out of this entire offered quantity, 184,140 tons got allotted at a weighted average price of Rs 1,787 per ton.

On the other hand, high demand was witnessed for the 10,000 tons of G9 grade coal in November 2014 as the entire offered quantity got allotted at a weighted average price of Rs 1,588 per ton.

However, no demand was witnessed for the 500 tons of this grade offered by CCL through the MSTC platform in October 2014.

Following are the details of G9 grade e-auction in December 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (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 (%)

4601-4900

G9

ROM

CCL

26-Dec-14

ROAD

PIPARWAR Coal Dump

150,000

150,000

1,310

1,572

1,578

20

0.35

4601-4900

G9

n

CCL

26-Dec-14

ROAD

SAWANG W REJECTS

300

100

1,310

1,572

1,572

20

-

4601-4900

G9

CRUROM

WCL

23-Dec-14

ROAD

NAIGAON (Cost Plus)

50,000

11,040

2,549

2,639

2,639

4

-

4601-4900

G9

CRUROM

WCL

23-Dec-14

ROAD

GONDEGAON OC

8,000

8,000

1,570

2,025

2,737

74

35

4601-4900

G9

CRUROM

WCL

23-Dec-14

ROAD

PIMPALGAON

15,000

15,000

1,570

2,025

2,745

75

36

4601-4900 Total

 

 

 

 

 

 

223,300

184,140