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

26 Mar 2014

March 26: There was moderate demand for G-5 grade (GCV 5,801 to 6,100 Kcal/kg) coal offered by four subsidiaries of Coal India Ltd (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.

However, there was moderate demand for G-5 grade coal offered by five subsidiaries of CIL for allotment through the e-auction platform of MSTC in January 2014, as 70,050 tons got allotted against the offered quantity of 104,600 tons at a weighted average price of Rs 3,158 per ton.

On the other hand, in December, there was good demand for G-5 grade coal offered by four subsidiaries of Coal India Ltd (CIL) for allotment through the e-auction platform of MSTC in December 2013, as 164,130 tons got allotted against the offered quantity of 184,130 tons at a weighted average price of Rs 3,783 per ton.

Following are the details of e-auction of G-5 grade coal in February 2014:

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 (%)

5801-6100

G5

STM

ECL

27-Feb-14

RAIL

MMU-III(A)

19,470

-

         

5801-6100

G5

STM

ECL

27-Feb-14

RAIL

PAW-II(SS)

58,410

58,410

2,980

2,980

3,289

10

10

5801-6100

G5

STM

ECL

27-Feb-14

ROAD

KALIPAHARI:: KUSHADANGA

1,000

1,000

2,980

2,980

3,552

19

19

5801-6100

G5

STM

ECL

27-Feb-14

ROAD

MANDMAN INCLINE: Kalimati B-II

2,500

2,500

2,980

2,980

4,375

47

47

5801-6100

G5

STM

ECL

27-Feb-14

ROAD

Khoodia UG: Brindabanpur (B-III)

3,000

3,000

2,980

2,980

4,041

36

36

5801-6100

G5

STM

ECL

27-Feb-14

ROAD

BANSRA:: (Purandip R-VII)

2,500

2,500

2,980

2,980

5,384

81

81

5801-6100

G5

STM

ECL

27-Feb-14

ROAD

Amrasota Incline:: Kunustoria

3,200

3,200

2,980

2,980

4,475

50

50

5801-6100

G5

n

CCL

26-Feb-14

ROAD

SAWANG W SLURRY

10,000

1,160

2,800

2,800

2,800

-

-

5801-6100

G5

SLK

WCL

18-Feb-14

ROAD

GHORAWARI JHARNA(21/22)

3,000

3,000

2,820

2,820

3,068

9

9

5801-6100

G5

STM

NCL

20-Feb-14

ROAD

Khadia

12,000

12,000

2,980

2,980

4,924

65

65

             

115,080

86,770