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Good demand for G11 grade coal in November e-auction

04 Dec 2013

December 4: Good demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) during November as out of 1,255,000 tons of coal offered by three subsidiaries of CIL, 986,030 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,505/ton.

In October, good demand was witnessed for G11 grade coal as out of 690,138 tons of coal offered by three subsidiaries of CIL, 608,252 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,732/ton.

In September, out of 557,880 tons of coal offered by four subsidiaries of CIL, 511,152 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,345/ton.

Following are the details of e-auction of G11 grade coal in November 2013:

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

SECL

22-Nov-13

Dipika Exp (Stock)

G11

Sized ROM

ROM

Road

100,000

100,000

1,140

950

2,007

76

111

SECL

22-Nov-13

Gevra OC(Stock)

G11

Sized ROM

ROM

Road

200,000

200,000

1,140

950

1,772

55

87

SECL

22-Nov-13

Gevra OC (Bunker)

G11

Sized ROM (-100 mm)

ROM

Road

150,000

150,000

1,140

950

1,820

60

92

SECL

22-Nov-13

Kusmunda OC (Stock)

G11

Sized ROM

ROM

Road

50,000

50,000

1,140

950

1,768

55

86

MCL

26-Nov-13

Basundhara

G11

4001-4300

- 100mm

Road

350,000

296,320

1,140

950

1,140

0

20

MCL

26-Nov-13

Kulda

G11

4001-4300

- 100mm

Road

350,000

143,700

1,140

950

1,140

0

20

CCL

27-Nov-13

PIPARWAR W.REJECTS

G11

4001-4300

 

Road

40,000

40,000

1,140

950

1,491

31

57

CCL

27-Nov-13

GIDI W REJECTS

G11

4001-4300

 

Road

15,000

6,010

1,140

950

1,140

0

20

Total

 

 

 

 

 

 

1,255,000

986,030