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New UserPoor demand for G1 grade coal in January e-auction
25 Feb 2016
Poor demand was witnessed for G1 grade (GCV above 7,000 Kcal/kg) coal offered by CIL for allotment through the MSTC platform in January 2016 as out of the entire offerings of 30,000 tons, 3,080 tons got allotted at a weighted average price of Rs 5,488 per ton, as per data available with ICMW.
However, G1 grade was not offered in November and December, 2015 by CIL subsidiaries for allotment through MSTC.
Following are details of the e-auction of G1 grade on MSTC in January 2016:
|
Grade |
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) |
(TNP)Total Notified Price (in Rs) |
(TRP) Total Reserve Price (In Rs) |
|
>7000 |
G1 |
ROM |
NEC |
27-Jan-16 |
ROAD |
Ledo OCP |
20,000 |
2,900 |
5,470 |
5,470 |
5,470 |
- |
- |
|
>7000 |
G1 |
ROM |
NEC |
27-Jan-16 |
ROAD |
Tirap |
10,000 |
180 |
5,770 |
5,770 |
5,770 |
- |
- |
|
>7000 Total |
|
|
|
|
|
|
30,000 |
3,080 |
|
|
|
|
|
Source: ICMW