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Good demand for G-8 grade coal at Dec e-auction

27 Jan 2014

January 27: There was good demand for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by three subsidiaries of CIL in December 2013 as 61,390 tons were offered from which 60,580 tons got allotted at a weighted average price of Rs 2,651 per ton.

However, in November, there was moderate demand for G8 grade coal offered on the MSTC platform by two subsidiaries of CIL in November 2013 as 19,500 tons were offered from which 10,370 tons got allotted at a weighted average price of Rs 2,472 per ton.

Following are the details of G8 grade e-auction in December 2013:

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 (%)

4901-5200

G8

STEAM

WCL

21-Dec-13

ROAD

MOHAN 9/10 Mouri. Inc.

4450

4450

              2,652

              2,652

                2,808

5.88

5.88

4901-5200

G8

ROM

NCL

19-Dec-13

RAIL

Krishnashila

38940

38940

              1,690

              2,028

                2,654

57.04

30.87

5050

G8

STM

ECL

27-Dec-13

ROAD

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

18000

17190

              2,170

              2,604

                2,604

20

0

Total

 

 

 

 

 

 

61390

60580