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

24 Feb 2014

February 24: Good demand was witnessed in January 2014 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) 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 January 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

ROM

MCL

22-Jan-14

ROAD

Chendipada

60000

41500

950

1,140

1,140

20.00

0.00

4001-4300

G11

ROM

MCL

22-Jan-14

ROAD

Kulda

350000

173500

950

1,140

1,140

20.00

0.00

4001-4300

G11

ROM

MCL

22-Jan-14

ROAD

Basundhara

200000

200000

950

1,140

1,145

20.55

0.46

 

 

 

 

 

 

 

610000

415000