Good demand for G-3 grade coal in Jan e-auction
24 Feb 2014
February 24: Good demand was witnessed for G-3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered for allotment via the e-auction platform of MSTC during January 2014 as out of 69,410 tons offered by SECL, BCCL and CCL, around 58,410 tons got allotted at a weighted average price of Rs 4,070 per ton.
However, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during December 2013 as out of 36,200 tons offered by ECL and CCL, around 28,200 tons got allotted at a weighted average price of Rs 5,440 per ton.
On the other hand, during November, out of 7,500 tons of coal offered by BCCL, only around 1,000 tons got allotted at a weighted average price of Rs 4,070 per ton.
Following are the details of e-auction of G-3 grade 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 (%) |
6401-6700 |
G3 |
n |
CCL |
29-Jan-14 |
ROAD |
BACHRA |
8000 |
0 |
|
|
|
|
|
6401-6700 |
G3 |
STEAM |
BCCL |
21-Jan-14 |
ROAD |
BASANTIMATA |
3000 |
0 |
|
|
|
|
|
6401-6700 |
G3 |
STM |
SECL |
10-Jan-14 |
RAIL |
Rajnagar RO Siding |
58410 |
58410 |
4,070 |
4,070 |
4,070 |
0.00 |
0.00 |
|
|
|
|
|
|
|
69410 |
58410 |
|
|
|
|
|