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SCCL offering attracts low premium at August spot e-auction

04 Sep 2013

September 4: A good demand was witnessed for the coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through the e-auction platform of coaljunction during the month of August, 2013.

In August 2013, a total of 82,700 tons of coal was offered for allotment out of which 67,871 tons or 82.07% got allotted, attracting a low premium ranging from 0-31%. The weighted average price of the allotted quantity during the month stood at Rs 2,676 per ton.

However, In July 2013, a total of 100,000 tons of coal were offered for allotment out of which 88,789 tons or 88.79% got allotted, attracting a low premium ranging from 0-29% and the weighted average price of the allotted quantity during the month stood at Rs 2,250 per ton.

Following are the details of average realised price from various mines of SCCL in August:

Name of the company

e-Auction Date

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

SCCL

27-Aug-13

July-13

KTK 6

(BHUPALPALLI)

G5-

RND

ROAD

4,000

No Bid

4,540.00

NA

NA

SCCL

27-Aug-13

July-13

KTK 6

(BHUPALPALLI)

G5-

SLK

ROAD

7,000

51

4,340.00

4,340.00

0

SCCL

27-Aug-13

July-13

IK 1A

(SRIRAMPUR)

G7-

RND

ROAD

10,000

10,000

3,090.00

3,407.53

10

SCCL

27-Aug-13

July-13

RK-5

(SRIRAMPUR)

G9-

ROM

ROAD

10,000

10,000

2,250.00

2,890.12

28

SCCL

27-Aug-13

July-13

RK-6

(SRIRAMPUR)

G9-

ROM

ROAD

4,000

4,000

2,250.00

2,943.49

31

SCCL

27-Aug-13

July-13

PVK-5

(KOTHAGUDEM)

G9-

ROM

ROAD

15,000

15,000

2,250.00

2,943.85

31

SCCL

27-Aug-13

July-13

KTK-1A

( BHUPALAPALLI )

G11-

RND

ROAD

5,000

5,000

2,025.00

2,575.30

27

SCCL

27-Aug-13

July-13

KOYAGUDEM OCP

(YELLANDU)

G17-

CRR

ROAD

10,000

10,000

630.00

731.48

16

SCCL

27-Aug-13

July-13

WASHERY REJECTS

(MANUGURU)

WG-

R

ROAD

5,000

1,122

738.00

738.00

0

SCCL

27-Aug-13

July-13

KTK-1

( BHUPALAPALLI )

G5-

ROM

ROAD

5,000

4,998

4,320.00

4,320.00

0

SCCL

27-Aug-13

July-13

SRP-1

(SRIRAMPUR)

G9-

ROM

ROAD

7,700

7,700

2,250.00

2,586.41

15

Total

 

 

 

 

 

 

 

82,700

67,871