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Coal news and updates

Sharp rise in allotment of G9 grade coal in March

07 Apr 2015

April 07: A sharp rise in allotment of G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered by two subsidiaries of CIL on the coaljunction e-auction platform was witnessed in March even as realised prices remain slightly soft.

A total of 4,64,080 tons of this grade of coal was offered in March of which 2,94,280 tons got allotted at weighted average price of Rs 2060 per ton.

In February 2015, a total of 2,40,000 tons of G9 grade coal was offered through coaljunction and 2,17,210 tons got allotted at weighted average price of Rs 2,101/ton.

However, G9 grade coal offered by two subsidiaries of CIL. on the coaljunction e-auction platform in January 2015 met with poor demand as only 26,400 tons of the offered quantity of 75,300 tons got allotted at weighted average price of Rs 2,483/ton.

Following are the details of the e-auction of G9 grade coal on coaljunction platform 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

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

Sasti OC

7,000

7,000

1,570

2,025

2,225

42

10

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

Gouri CHP

8,300

8,300

1,570

2,025

2,119

35

5

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

CHARGAON CHP

15,000

15,000

1,570

2,025

2,194

40

8

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

GONDEGAON PROJECT

28,000

28,000

1,570

2,025

2,097

34

4

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

Ghugus OC

14,000

14,000

1,570

2,053

2,060

31

0.36

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

NILJAI OC

25,000

25,000

1,570

2,025

2,083

33

3

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

MUNGOLI OC

33,000

33,000

1,570

2,025

2,204

40

9

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

UKNI OC (Cost plus)

60,000

3,700

2,737

2,827

2,827

3

-

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

PIMPALGAON OC

10,500

10,500

1,570

2,025

2,102

34

4

 

4601-4900

G9

CRUROM

WCL

19-Mar-15

ROAD

GHONSA OC

5,000

5,000

1,570

2,025

2,234

42

10

 

4601-4900

G9

CRUROM

WCL

27-Mar-15

ROAD

Gouri CHP

15,600

11,800

1,570

2,025

2,033

30

0.42

 

4601-4900

G9

SLURRY

WCL

27-Mar-15

ROAD

NANDAN WASHERY

42,100

8,330

1,590

1,908

1,908

20

-

 

4601-4900

G9

CRUROM

WCL

27-Mar-15

ROAD

UKNI OC (Cost plus)

56,300

3,350

2,737

2,827

2,828

3

0.04

 

4601-4900

G9

CRUROM

WCL

27-Mar-15

ROAD

GHONSA OC

6,150

6,150

1,570

2,025

2,253

43

11

 

4601-4900

G9

CRUROM

WCL

27-Mar-15

ROAD

MUNGOLI OC

36,870

36,870

1,570

2,025

2,258

44

12

 

4601-4900

G9

CRUROM

WCL

27-Mar-15

ROAD

NILJAI OC

31,260

31,260

1,570

2,025

2,034

30

0.46

 

4601-4900

G9

ROM

CCL

27-Mar-15

ROAD

PURNADIH

70,000

47,020

1,310

1,572

1,572

20

0.03

 

4601-4900 Total

           

4,64,080

2,94,280

         

2,060