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Good demand for G8 grade coal in January e-auction

06 Feb 2014

February 6: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by four subsidiaries of CIL met with good demand during January 2014 as 87.54% of the total offered quantity of 251,260 tons got allotted. The total allotted quantity stood at 219,944 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,518/ton.
However, during December 2013, 54.95% of the total offered quantity of 246,000 tons got allotted. The total allotted quantity stood at 135,180 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,184/ton.
In November, G8 grade coal offered by six subsidiaries of CIL met with moderate demand as 47.18% of the total offered quantity of 228,452 tons got allotted. The total allotted quantity stood at 107,792 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,242/ton.
Following are the details of the e-auction of G8 grade coal:


GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4901-5200

G8

CRUSHED ROM

NCL

10-Jan-14

Krishnashila

Rail

155,760

155,760

2,028.00

1,690.00

2,614.25

29

55

4901-5200

G8

CRUROM

WCL

16-Jan-14

HLCOC

Road

8,000

1,160

2,577.00

2,147.50

2,577.00

-

20

4901-5200

G8

CRUROM

WCL

16-Jan-14

MORPAR UG

Road

4,000

No Bid

2,577.00

2,147.50

NA

 

 

4901-5200

G8

STM

ECL

28-Jan-14

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

Road

18,000

16,014

2,604.00

2,170.00

2,604.00

-

20

4901-5200

G8

SLK

WCL

29-Jan-14

MANA

Road

2,000

2,000

2,460.00

2,050.00

2,926.50

19

43

4901-5200

G8

SLK

WCL

29-Jan-14

NANDGAON

Road

3,000

3,000

2,460.00

2,050.00

2,841.80

16

39

4901-5200

G8

SLK

WCL

29-Jan-14

Sarni

Road

5,500

5,500

2,460.00

2,050.00

2,462.11

0

20

4901-5200

G8

 

CCL

31-Jan-14

GIDI- W SLURRY

Road

15,000

10,800

2,028.00

1,690.00

2,028.00

-

20

4901-5200

G8

 

CCL

31-Jan-14

KEDLA W. SLURRY

Road

20,000

18,820

2,028.00

1,690.00

2,028.00

-

20

4901-5200

G8

 

CCL

31-Jan-14

KATHARA W. REJECTS

Road

10,000

1,340

2,028.00

1,690.00

2,028.00

-

20

4901-5200

G8

 

CCL

31-Jan-14

KARGALI W. REJECTS

Road

10,000

5,550

2,028.00

1,690.00

2,028.00

-

20

Total

 

 

 

 

 

 

251260

219944