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Good demand for select G-6 grade coals in Dec e-auction

27 Jan 2014

January 27: A total of 40,500 tons of G-6 grade (GCV 5,501 to 5,800 Kcal/kg) of coal offered by two subsidiaries of CIL met with good demand in the December 2013 e-auctions conducted on the MSTC platform as 33,200 tons got allotted at a weighted average price of Rs 3,354 per ton.

However, in November, a total of 281,720 tons of G-6 grade of coal offered by four subsidiaries of CIL met with good demand in the e-auctions as 269,930 tons got allotted at a weighted average price of Rs 2,577 per ton.

Following are the details of G6 grade coal e-auction in December:

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 (%)

5501-5800

G6

MIX

WCL

21-Dec-13

ROAD

SASTI UG

2000

2000

              2,268

              2,721

                2,761

21.74

1.47

5501-5800

G6

MIX

WCL

21-Dec-13

ROAD

MATHANI

3000

3000

              2,706

              2,706

                2,715

0.34

0.34

5501-5800

G6

MIX

WCL

21-Dec-13

ROAD

NEHARIYA UG

14000

8490

              2,706

              2,706

                2,706

0.01

0.01

5501-5800

G6

MIX

WCL

21-Dec-13

ROAD

VISHNUPURI - II

4000

3020

              2,706

              2,706

                2,707

0.04

0.04

5501-5800

G6

MIX

WCL

21-Dec-13

ROAD

THESGORA UG

2500

1690

              2,706

              2,706

                2,709

0.1

0.1

5501-5800

G6

STM

NCL

19-Dec-13

ROAD

Krishnshila

15000

15000

              2,330

              2,330

                4,132

77.33

77.33

Total

 

 

 

 

 

 

40500

33200