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Coal news and updates

Good demand for G6 grade coal in Dec e-auction

29 Jan 2015

January 29: Very strong demand was witnessed for G6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered for allotment by CIL in the month of December 2014 via e-auctions conducted on the MSTC platform as out of the entire offered quantity of 105,910 tons of coal, 98,860 tons got allotted at a weighted average price of Rs 4,015 per ton.

In fact, very strong demand was witnessed for G6 grade coal offered for allotment by CIL in the month of November 2014 as the entire offered quantity of 39,000 tons got allotted at a weighted average price of Rs 4,027 per ton.

A strong demand was also witnessed for this grade in October 2014 as the entire offered quantity of 15,000 tons got allotted at a weighted average price of Rs 5,476 per ton.

Following are the details of G6 grade coal e-auction in Dec 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 (%)

5501-5800

G6

MIX

WCL

23-Dec-14

ROAD

MATHANI

2,740

2,740

2,706

2,706

3,023

12

12

5501-5800

G6

MIX

WCL

23-Dec-14

ROAD

NEHARIYA UG

13,900

7,740

2,706

2,706

2,706

-

-

5501-5800

G6

MIX

WCL

23-Dec-14

ROAD

THESGORA UG

2,500

2,500

2,706

2,706

3,394

25

25

5501-5800

G6

MIX

WCL

23-Dec-14

ROAD

VISHNUPURI - II

1,000

1,000

2,706

2,706

3,253

20

20

5650

G6

STM

ECL

29-Dec-14

ROAD

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

8,000

7,120

2,330

2,330

2,330

0.01

0.01

5501-5800

G6

STM

SECL

24-Dec-14

ROAD

Amlai OC (Stock)

7,000

7,000

2,330

2,330

4,893

110

110

5501-5800

G6

STM

SECL

24-Dec-14

ROAD

Dhanpuri OC ( Stock)

18,500

18,500

2,330

2,330

4,999

115

115

5501-5800

G6

ROM

SECL

24-Dec-14

ROAD

Gayatri UG

7,000

7,000

2,150

2,150

3,653

70

70

5501-5800

G6

STM

SECL

24-Dec-14

ROAD

Rehar UG

3,000

3,000

2,330

2,330

4,782

105

105

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

SILEWARA

500

500

2,770

2,770

4,030

45

45

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

PATANSAONGI

2,000

1,990

2,770

2,770

2,790

1

1

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

SAONER U/G - I

2,970

2,970

2,770

2,770

2,976

7

7

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

SAONER U/G - II

10,000

10,000

2,770

2,770

3,108

12

12

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

SAONER U/G - III

9,500

9,500

2,770

2,770

3,123

13

13

5501-5800

G6

STEAM

WCL

23-Dec-14

ROAD

TAWA - II

2,300

2,300

2,770

2,835

5,128

85

81

5501-5800

G6

STM

NCL

16-Dec-14

ROAD

KRISHNSHILA

15,000

15,000

2,330

2,330

5,584

140

140

5501-5800 Total

 

 

 

 

 

 

105,910

98,860