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Higher realisations for SCCL offerings in Nov spot e-auction

04 Dec 2013

December 4: Good demand was witnessed for coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through e-auction of coaljunction during November, 2013 and realisations were higher compared to the October auction.

In November, a total of 92,000 tons of coal was offered for allotment out of which 82,000 tons or 89.13% got allotted at a weighted average price of Rs 2,793/ton.

However, during October, a total of 128,700 tons of coal was offered for allotment out of which 91,450 tons or 71.06% got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,728/ton compared to the weighted price of Rs 2,483 per ton in September when a total of 98,000 tons was offered for allotment and 90,125 tons or 91.96% got allotted.

Following are the details of the average realised price from various mines of SCCL in November:

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)

Average Price in Rs/Mt

% premium over reserve price

SCCL

27-Nov-13

KASIPETA

(MANDAMARRI )

G7-

ROM

ROAD

11,000

11,000

2,760.00

2,881.44

4

SCCL

27-Nov-13

KK-1

(MANDAMARRI)

G7-

ROM

ROAD

10,000

10,000

2,760.00

2,963.19

7

SCCL

27-Nov-13

RK-1A

(MANDAMARRI)

G7-

RND

ROAD

10,000

10,000

3,090.00

3,837.39

24

SCCL

27-Nov-13

GDK 7 LEP

(GODAVARIKHANI)

G8-

ROM

ROAD

2,000

2,000

2,550.00

2,903.43

14

SCCL

27-Nov-13

KK - 5

(MANDAMARRI)

G9-

ROM

ROAD

6,000

6,000

2,250.00

2,709.21

20

SCCL

27-Nov-13

RK-8

(SRIRAMPUR)

G9-

ROM

ROAD

5,000

5,000

2,250.00

2,675.50

19

SCCL

27-Nov-13

DORLI OC II

BELLAMPALLI

G9-

CRR

ROAD

10,000

10,000

2,340.00

2,383.48

2

SCCL

27-Nov-13

GDK 1 &3

(GODAVARI KHANI)

G11-

ROM

ROAD

10,000

10,000

1,700.00

2,039.46

20

SCCL

27-Nov-13

21 INCLINE

(YELLANDU)

G11-

CRR

ROAD

8,000

8,000

1,785.00

2,738.54

53

SCCL

27-Nov-13

WASHERY REJECTS

(MANUGURU)

WG-

R

ROAD

10,000

No Bid

738.00

NA

NA

SCCL

27-Nov-13

MANUGURU WASHERY

(MANUGURU)

WG-G9

-

ROAD

10,000

10,000

2,778.00

2,779.84

0

Total

 

 

 

 

 

 

92000

82000