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Moderate demand for G-5 grade coal in April e-auction

28 May 2014

May 28: There was moderate demand for G-5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered by five subsidiaries of Coal India Ltd (CIL) for allotment through the e-auction platform of MSTC in April 2014, as 150,320 tons got allotted against the offered quantity of 231,250 tons at a weighted average price of Rs 3,881 per ton.

However, there was moderate demand for G-5 grade coal offered by six subsidiaries of CIL for allotment through the e-auction platform of MSTC in March 2014, as 136,790 tons got allotted against the offered quantity of 211,210 tons at a weighted average price of Rs 3,355 per ton.

On the other hand, there was moderate demand for G-5 grade coal offered by four subsidiaries of CIL for allotment through the e-auction platform of MSTC in February 2014, as 86,770 tons got allotted against the offered quantity of 115,080 tons at a weighted average price of Rs 3,665 per ton.

Following are the details of e-auction of G-5 grade coal in April 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 (%)

5801-6100

G5

n

CCL

28-Apr-14

ROAD

URIMARI

6,500

6,500

2,980

2,980

3,671

23

23

5801-6100

G5

n

CCL

28-Apr-14

ROAD

KARMA

5,000

5,000

2,980

2,980

4,367

47

47

5801-6100

G5

STM

MCL

26-Apr-14

ROAD

Nandira

15,000

4,000

2,484

2,980

2,980

20

-

5801-6100

G5

STM

MCL

26-Apr-14

ROAD

Talcher

70,000

100

2,484

2,980

2,980

20

-

5801-6100

G5

STM

NCL

15-Apr-14

ROAD

Block-B

41,750

41,750

2,980

2,980

4,461

50

50

5801-6100

G5

STM

NCL

15-Apr-14

ROAD

Khadia

12,500

12,470

2,980

2,980

4,938

66

66

5801-6100

G5

SLK

SECL

11-Apr-14

ROAD

Bagdeva

12,000

12,000

2,820

2,820

3,409

21

21

5801-6100

G5

SLK

SECL

11-Apr-14

ROAD

Banki

6,000

6,000

2,820

2,820

3,091

10

10

5801-6100

G5

STM

SECL

11-Apr-14

ROAD

Banki

5,000

5,000

2,980

2,980

3,375

13

13

5801-6100

G5

SLK

SECL

11-Apr-14

ROAD

Singhali

10,000

10,000

2,820

2,820

2,988

6

6

5801-6100

G5

STM

SECL

11-Apr-14

ROAD

Singhali

7,000

7,000

2,980

2,980

3,583

20

20

5801-6100

G5

ROM

SECL

11-Apr-14

ROAD

Rani Atari (Stock)

12,000

12,000

2,800

2,800

3,022

8

8

5801-6100

G5

ROM

SECL

11-Apr-14

ROAD

Kurasia OC

10,000

10,000

2,800

2,800

3,119

11

11

5801-6100

G5

STM

SECL

11-Apr-14

ROAD

Khairha UG (Bunker)

3,000

3,000

2,980

2,980

3,474

17

17

5950

G5

STM

ECL

30-Apr-14

ROAD

Dhemomain:; Sripur(R-VI)

1,000

1,000

2,980

2,980

4,603

54

54

5950

G5

STM

ECL

30-Apr-14

ROAD

LAKHIMATA(U/G): Brindabanpur B-III

5,000

5,000

2,980

2,980

3,794

27

27

5950

G5

STM

ECL

30-Apr-14

ROAD

KUMARDHUBI (UG): Brindabanpur B-III & Singhpur

3,000

3,000

2,980

2,980

3,576

20

20

5950

G5

STM

ECL

30-Apr-14

ROAD

Gopinathpur OC Patch): Gopinathpur (B-IV )

1,500

1,500

2,980

2,980

3,458

16

16

5950

G5

STM

ECL

30-Apr-14

ROAD

KHOTTADIH OCP : : Kenda Top & Bottom(R-V)

5,000

5,000

2,980

2,980

5,799

95

95

5801-6100 Total

           

231,250

150,320