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High demand for G11 grade in December e-auction

30 Jan 2015

January 30: A more or less strong demand was witnessed in December for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CIL subsidiaries as out of the offered quantity of 500,000 tons of coal, 479,900 tons got allotted at a weighted average price of Rs 1,280 per ton.

In fact, a very strong demand was witnessed in November for this grade as the entire offered quantity of 150,000 tons got allotted at a weighted average price of Rs 1,277 per ton.

Like November, similar strong demand was witnessed in October for G11 grade as the entire offered quantity of 65,000 tons got allotted at a weighted average price of Rs 2,321 per ton

Following are the details of e-auction of G11 grade in December 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 (%)

4001-4300

G11

n

CCL

26-Dec-14

ROAD

PIPARWAR W REJECTS

35,000

35,000

950

1,140

1,326

40

16

4001-4300

G11

n

CCL

26-Dec-14

ROAD

GIDI W REJECTS

20,000

4,520

950

1,140

1,140

20

-

4001-4300

G11

n

CCL

26-Dec-14

ROAD

KEDLA W REJECTS (P/L)

15,000

10,380

950

1,140

1,140

20

0.03

4001-4300

G11

ROM

MCL

9-Dec-14

ROAD

Basundhara**

250,000

250,000

950

1,140

1,383

46

21

4001-4300

G11

ROM

MCL

9-Dec-14

ROAD

Kulda*

180,000

180,000

950

1,140

1,141

20

0.06

4001-4300 Total

 

 

 

 

 

 

500,000

479,900