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Good demand for G11 grade coal in August e-auction

27 Sep 2013

September 27: There was good demand for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by Central Coalfields Limited (CCL) and Mahanadi Coalfields Limited (MCL) for allotment through MSTC platform – in August 2013 as 143,870 got allotted from the offered quantity of 195000 tons.

However, in July, there was strong demand for G11 grade coal offered by Central Coalfields Limited (CCL) and South Eastern Coalfields Limited (SECL) for allotment as the entire offered quantity of 360,000 tons got allotted.

The following are the details of e-auctions of G11 grade of coal in August 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered

Sold qty

(ARP)Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase Over Notified Price (%)

% Increase Over Reserve Price (%)

4001-4300

- 100mm

MCL

28-Aug-13

ROAD

Basundhara (Stock)

       135,000

         88,200

      1,140

         890

          1,143

               28

            0

4001-4300

- 100mm

MCL

28-Aug-13

ROAD

Kulda(Stock)

         50,000

         50,000

      1,140

         890

          1,140

               28

           -  

4001-4300

n

CCL

29-Aug-13

ROAD

GIDI W REJECTS

         10,000

          5,670

      1,140

         950

          1,140

               20

            0

Total

 

 

 

 

 

         195,000

      143,870