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Good demand for G-5 grade coal in May e-auction

24 Jun 2014

June 24: There was good demand for G-5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered by four subsidiaries of Coal India Ltd (CIL) for allotment through the e-auction platform of MSTC in May 2014, as 50,612 tons got allotted against the offered quantity of 51,582 tons at a weighted average price of Rs 3,472 per ton.

However, there was moderate demand for G-5 grade coal offered by five subsidiaries of CIL for allotment through the e-auction platform of MSTC in April 2014, as 150,320 tons got allotted against the offered quantity of 231,250 tons at a weighted average price of Rs 3,881 per ton.

On the other hand, there was moderate demand for G-5 grade coal offered by six subsidiaries of CIL for allotment through the e-auction platform of MSTC in March 2014, as 136,790 tons got allotted against the offered quantity of 211,210 tons at a weighted average price of Rs 3,355 per ton.

Following are the details of e-auction of G-5 grade coal in May 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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 (%)

5950

G5

STM

ECL

30-May-14

RAIL

MMU-I I I ( A)

11682

11682

2,980

2,980

2,980

0

0

5950

G5

STM

ECL

30-May-14

ROAD

BONJEMEHARI OCP: Salanpur A & B (B-II & B-III)

1000

980

2,980

2,980

4,295

44

44

5950

G5

STM

ECL

30-May-14

ROAD

CHAPAPUR II U/G::KALIMATI (B-II)

4000

4000

2,980

2,980

3,422

15

15

5950

G5

STM

ECL

30-May-14

ROAD

BANSRA: : ( Purandip R-VII )

3100

3100

2,980

2,980

3,754

26

26

5950

G5

STM

ECL

30-May-14

ROAD

Amrasota Incline: : Kunustoria

3300

3300

2,980

2,980

3,752

26

26

5950

G5

STM

ECL

30-May-14

ROAD

KALIPAHARI: : KUSHADANGA

1000

1000

2,980

2,980

3,148

6

6

5950

G5

STM

ECL

30-May-14

ROAD

MANDMAN INCLINE: Kalimati B-II

2500

2500

2,980

2,980

3,590

20

20

5950

G5

STM

ECL

30-May-14

ROAD

Khoodia UG : Brindabanpur (B-III)

2500

2500

2,980

2,980

3,075

3

3

5801-6100

G5

n

CCL

31-May-14

ROAD

KARMA

3500

3500

2,980

2,980

4,969

67

67

5801-6100

G5

n

CCL

31-May-14

ROAD

SAWANG W SLURRY

1500

550

2,800

2,800

2,800

0

0

5801-6100

G5

STM

WCL

27-May-14

ROAD

NM UG

500

500

3,105

3,105

4,153

34

34

5801-6100

G5

STM

SECL

20-May-14

ROAD

Khairha UG (Bunker)

2000

2000

2,980

2,980

3,499

17

17

5801-6100

G5

ROM

SECL

20-May-14

ROAD

Rani Atari (Stock)

15000

15000

2,800

2,800

3,411

22

22

5801-6100 Total

 

 

 

 

 

 

51,582

50,612