Strong demand for G-12 grade coal in June e-auction
30 Jul 2014
July 30: Strong demand was witnessed in June 2014 for G-12 grade (GCV 3,701 to 4,000 Kcal/kg) 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.
Good demand was witnessed for G-12 offered by two subsidiaries of CIL for allotment via MSTC during March 2014 as 1,022,000 tons out of 1,048,500 tons got allotted at the e-auction.
Following are the details of e-auctions of G-12 grade of coal in June 2014:
Grade |
Size |
Company Name |
Event Date |
Colliery |
Mode |
Qty offered |
Qty Alloted |
(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 (%) |
G12 |
Steam |
MCL |
26-Jun-14 |
Balram |
ROAD |
125,000 |
125,000 |
1,070 |
1,284 |
2,270 |
112 |
77 |
G12 |
- 100mm |
MCL |
26-Jun-14 |
Lingaraj |
ROAD |
30,000 |
30,000 |
890 |
1,068 |
2,432 |
173 |
128 |
G12 |
- 100mm |
MCL |
26-Jun-14 |
Ananta |
ROAD |
100,000 |
100,000 |
890 |
1,068 |
2,390 |
169 |
124 |
G12 |
- 100mm |
MCL |
26-Jun-14 |
Kaniha |
ROAD |
75,000 |
75,000 |
890 |
1,068 |
1,791 |
101 |
68 |
G12 |
Steam |
MCL |
26-Jun-14 |
Samleswari |
ROAD |
60,000 |
60,000 |
1,070 |
1,284 |
2,359 |
121 |
84 |
G12 |
Steam |
MCL |
26-Jun-14 |
Lilari |
ROAD |
40,000 |
40,000 |
1,070 |
1,284 |
2,449 |
129 |
91 |
G12 |
Steam |
MCL |
26-Jun-14 |
Hingula |
ROAD |
30,000 |
30,000 |
1,070 |
1,284 |
1,758 |
64 |
37 |
G12 |
ROM |
SECL |
20-Jun-14 |
Baroud OC |
ROAD |
191,000 |
191,000 |
890 |
1,068 |
1,642 |
84 |
54 |
G12 |
ROM |
SECL |
20-Jun-14 |
Chhal OC |
ROAD |
130,000 |
130,000 |
890 |
1,068 |
1,912 |
115 |
79 |
G12 |
ROM |
SECL |
20-Jun-14 |
Chhal OC |
ROAD |
45,000 |
45,000 |
890 |
1,068 |
1,891 |
113 |
77 |
G12 |
ROM |
SECL |
20-Jun-14 |
Manikpur OC |
ROAD |
60,000 |
60,000 |
890 |
1,068 |
1,896 |
113 |
78 |
Total |
|
|
|
|
|
886,000 |
886,000 |
|
|
|
|
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