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Coal news and updates

Realisations fall for G11 grade, but overall lifting up in March

07 Apr 2015

April 07: A mixed trend was witnessed for G11 grade offered by two subsidiaries of CIL – SECL and CCL – for sale through e-auction platform of coaljunction in March even as average weighted price realised softened a bit.

A total of 372,000 tons of G11 grade was offered during the month and nearly 98% or 361,900 tons got allotted at weighted average price of Rs 1766 per ton.

In February, the entire offered quantity of 882,000 tons of this grade was allotted at weighted average price of Rs 1,861 per ton.

In January, the offered and allotted quantities stood at 882,000 tons and 755,550 tons respectively while weighted average price stood at Rs 1,685 per ton.

Following are the details of e-auction of G11 grade coal in March 2015:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

WTD AVG

4001-4300

G11

ROM

SECL

20-Mar-15

ROAD

Gevra OC(Stock)

3,00,000

3,00,000

950

1,140

1,816

91

59

 

4001-4300

G11

 

CCL

27-Mar-15

ROAD

PIPARWAR W.REJECTS

40,000

40,000

950

1,140

1,534

61

35

 

4001-4300

G11

 

CCL

27-Mar-15

ROAD

GIDI W REJECTS

15,000

4,900

950

1,140

1,140

20

-

 

4001-4300

G11

 

CCL

27-Mar-15

ROAD

KEDLA W. REJECTS

17,000

17,000

950

1,140

1,603

69

41

 

4001-4300 Total

           

3,72,000

3,61,900

         

1,766