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Strong demand for G-6 grade coal in May e-auction

25 Jun 2014

June 25: A very strong demand was witnessed for G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by four subsidiaries of CIL in the month of May 2014 e-auctions conducted on the MSTC platform as 69,740 tons got allotted out of an offered quantity of 69,750 tons at a weighted average price of Rs 3,466 per ton.

In fact, a volume of 182,005 tons of G-6 grade coal offered by four subsidiaries of CIL had met with fair demand during April 2014 e-auctions conducted on the MSTC platform as 181,970 tons got allotted at a weighted average price of Rs 2,913 per ton.

On the other hand, a quantity of 83,675 tons of G-6 grade coal offered by five subsidiaries of CIL met with very strong demand in the March 2014 e-auctions conducted on the MSTC platform as 83,470 tons got allotted at a weighted average price of Rs 2,797 per ton.

Following are the details of G-6 grade coal e-auction in May 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered  (tons)

Qty Allotted  (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 (%)

5650

G6

STM

ECL

30-May-14

ROAD

BEJDIH:: SRIPUR(R-VI)

750

740

2,330

2,330

4,212

81

81

5501-5800

G6

SLK

WCL

27-May-14

ROAD

NM UG

2000

2000

2,610

2,610

3,510

34

34

5501-5800

G6

SLK

SECL

20-May-14

ROAD

Khairha UG (Bunker)

2000

2000

2,170

2,170

3,135

44

44

5501-5800

G6

SLK

SECL

20-May-14

ROAD

Dhanpuri UG (Bunker)

3000

3000

2,170

2,170

3,357

55

55

5501-5800

G6

STM

SECL

20-May-14

ROAD

Amlai OC (Stock)

11000

11000

2,330

2,330

3,990

71

71

5501-5800

G6

STM

SECL

20-May-14

ROAD

Dhanpuri UG (Bunker)

1000

1000

2,330

2,330

4,133

77

77

5501-5800

G6

SLK

SECL

20-May-14

ROAD

Rajendra UG (Bunker)

8000

8000

2,170

2,170

3,306

52

52

5501-5800

G6

STM

SECL

20-May-14

ROAD

Rajendra UG (Bunker)

1000

1000

2,330

2,330

4,104

76

76

5501-5800

G6

STM

SECL

20-May-14

ROAD

Pinoura

7000

7000

2,330

2,330

3,352

44

44

5501-5800

G6

STM

SECL

20-May-14

ROAD

Piparia

2000

2000

2,330

2,330

3,513

51

51

5501-5800

G6

ROM

SECL

20-May-14

ROAD

Kanchan OC (Stock)

12000

12000

2,150

2,150

3,571

66

66

5501-5800

G6

SLK

SECL

20-May-14

ROAD

Damini UG (Bunker)

8000

8000

2,170

2,170

3,170

46

46

5501-5800

G6

STM

SECL

20-May-14

ROAD

Pali

3000

3000

2,330

2,330

3,641

56

56

5501-5800

G6

SLK

SECL

20-May-14

ROAD

Pinoura

8000

8000

2,170

2,170

3,090

42

42

5501-5800

G6

STEAM

BCCL

21-May-14

ROAD

BLOCK IV

1000

1000

2,330

2,330

2,345

1

1

5501-5800 Total

 

 

 

 

 

 

69,750

69,740