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 |
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610000 |
415000 |
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