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

24 Feb 2014

February 24: There was a 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 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.

However, 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.

On the other hand, in November, there was good demand for G-5 grade coal offered by five subsidiaries of CIL for allotment through the e-auction platform of MSTC, as 79,500 tons got allotted against the offered quantity of 86,160 tons at a weighted average price of Rs 3,230 per ton.

Following are the details of e-auction of G-5 grade coal in January 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

n

CCL

29-Jan-14

ROAD

HESAGORA

2500

1800

2,980

2,980

2,980

0.00

0.00

5801-6100

G5

n

CCL

29-Jan-14

ROAD

KARMA

9100

9100

2,980

2,980

4,063

36.34

36.34

5801-6100

G5

STEAM

BCCL

21-Jan-14

ROAD

DAHIBARI OCP

10000

10000

2,980

2,980

3,483

16.88

16.88

5801-6100

G5

STEAM

BCCL

21-Jan-14

ROAD

DAHIBARI OCP

2500

2500

2,980

2,980

3,367

12.98

12.98

5801-6100

G5

STM

MCL

22-Jan-14

ROAD

Nandira

15000

3850

2,980

2,980

2,980

0.00

0.00

5801-6100

G5

STM

MCL

22-Jan-14

ROAD

Talcher

15000

150

2,980

2,980

2,980

0.00

0.00

5801-6100

G5

SLACK

WCL

22-Jan-14

ROAD

GHORAWARI JHARNA(21/22)

2500

2500

2,820

2,820

2,909

3.16

3.16

5801-6100

G5

SLK

SECL

10-Jan-14

ROAD

Singhali

12000

12000

2,820

2,820

2,904

2.97

2.97

5801-6100

G5

SLK

SECL

10-Jan-14

ROAD

Bagdeva

12000

12000

2,820

2,820

2,929

3.86

3.86

5801-6100

G5

SLK

SECL

10-Jan-14

ROAD

Banki

8000

8000

2,820

2,820

2,950

4.61

4.61

5801-6100

G5

SLK

SECL

10-Jan-14

ROAD

Dhelwadih

3000

0

 

 

 

 

 

5801-6100

G5

STM

SECL

10-Jan-14

ROAD

Dhelwadih

5000

150

2,980

2,980

2,980

0.00

0.00

5801-6100

G5

ROM

SECL

10-Jan-14

ROAD

NCPH Seam V

5000

5000

2,800

2,800

2,804

0.13

0.13

5801-6100

G5

ROM

SECL

10-Jan-14

ROAD

Rani Atari (Stock)

3000

3000

2,800

2,800

2,800

0.00

0.00

 

 

 

 

 

 

 

104600

70050