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Coal news and updates

Good demand for G-11 grade coal in Feb e-auction

26 Mar 2014

March 26: Good demand was witnessed in February 2014 for G-11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CCL for allotment through the MSTC platform as 57,580 tons got allotted out of an offered quantity of 63,000 tons at a weighted average price of Rs 1,528 per ton.

In January 2014 also, good demand was witnessed for G-11 grade coal offered by MCL for allotment through the MSTC platform as 415,000 tons got allotted out of an offered quantity of 610,000 tons at a weighted average price of Rs 1,142 per ton.

Following are the details of e-auctions of G11 grade of coal in February 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted Qty (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 (%)

4001-4300

G11

n

CCL

26-Feb-14

ROAD

PIPARWAR W REJECTS

40,000

40,000

950

1,140

1,587

67

39

4001-4300

G11

n

CCL

26-Feb-14

ROAD

KEDLA W REJECTS (P/L)

8,000

8,000

950

1,140

1,697

79

49

4001-4300

G11

n

CCL

26-Feb-14

ROAD

GIDI W REJECTS

15,000

9,580

950

1,140

1,140

20

0

 

 

 

 

 

 

 

63,000

57,580