Good demand for G-8 grade coal at April e-auction
28 May 2014
May 28: There was good demand for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by three subsidiaries of CIL in April 2014 as 199,500 tons were offered from which 189,490 tons got allotted at a weighted average price of Rs 2,329 per ton.
However, there was good demand for G-8 grade coal offered on the MSTC platform by two subsidiaries of CIL in March 2014 as 73,000 tons were offered from which 66,850 tons got allotted at a weighted average price of Rs 2,057 per ton.
On the other hand, there was good demand for G-8 grade coal offered on the MSTC platform by two subsidiaries of CIL in February 2014 as 68,650 tons were offered from which 50,480 tons got allotted at a weighted average price of Rs 2,288 per ton.
Following are the details of G-8 grade e-auction in April 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Alloted (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 (%) |
4901-5200 |
G8 |
STM |
MCL |
26-Apr-14 |
ROAD |
Orient - 3 |
20,000 |
20,000 |
1,870 |
2,244 |
2,244 |
20 |
- |
4901-5200 |
G8 |
STM |
MCL |
26-Apr-14 |
ROAD |
Orient - 2 |
20,000 |
20,000 |
1,870 |
2,244 |
2,244 |
20 |
- |
4901-5200 |
G8 |
STM |
MCL |
26-Apr-14 |
ROAD |
HBI |
80,000 |
80,000 |
1,870 |
2,244 |
2,244 |
20 |
- |
4901-5200 |
G8 |
CRUROM |
WCL |
29-Apr-14 |
ROAD |
MORPAR UG |
10,000 |
1,900 |
2,148 |
2,577 |
2,577 |
20 |
- |
4901-5200 |
G8 |
STEAM |
WCL |
29-Apr-14 |
ROAD |
MOHAN 9/10 Mouri Inc. |
3,000 |
3,000 |
2,210 |
2,652 |
3,062 |
39 |
15 |
4901-5200 |
G8 |
SLACK |
WCL |
29-Apr-14 |
ROAD |
SARNI |
6,500 |
4,590 |
2,050 |
2,460 |
2,460 |
20 |
0 |
4901-5200 |
G8 |
ROM |
SECL |
11-Apr-14 |
ROAD |
Baroud OC |
53,000 |
53,000 |
1,690 |
2,028 |
2,472 |
46 |
22 |
4901-5200 |
G8 |
ROM |
SECL |
11-Apr-14 |
ROAD |
Dharam UG |
7,000 |
7,000 |
1,690 |
2,028 |
2,219 |
31 |
9 |
4901-5200 Total |
199,500 |
189,490 |