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New UserStrong demand for G-12 grade coal in July e-auction
29 Aug 2014
August 29: Strong demand was witnessed in July 2014 for G-12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by SECL for allotment through the MSTC platform as the entire offered quantity of 30,000 tons got allotted at a weighted average price of Rs 2,438 per ton.
A similar strong demand was witnessed in June 2014 for G-12 grade coal offered by MCL and SECL for allotment through the MSTC platform as the entire offered quantity of 886,000 tons got allotted at a weighted average price of Rs 2,013 per ton.
While no coal of this grade was offered in May, a very strong demand was witnessed for this grade offered by two subsidiaries of CIL for allotment via the MSTC platform during April 2014 as the entire offered quantity of 1,175,000 tons got allotted at a weighted average price of Rs 1,561 per ton.
Following are the details of e-auctions of G-12 grade of coal in July 2014:
|
GCV |
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) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
3701-4000 |
G12 |
ROM |
SECL |
24-Jul-14 |
ROAD |
Manikpur OC |
30,000 |
30,000 |
890 |
1,068 |
2,438 |
174 |
128 |
|
3701-4000 Total |
|
|
|
|
|
|
30,000 |
30,000 |
|
|
|
|
|