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Strong demand for G12 grade in December e-auction

30 Jan 2015

January 30: A very strong demand was witnessed in December for G12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by CIL subsidiaries as the entire offered quantity of 925,000 tons of coal got allotted at a weighted average price of Rs 1,612 per ton.

However, during the previous month, this grade was not offered for allotment via this platform.

Following are the details of e-auction of G12 grade coal on the MSTC platform during December 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-Dec-14

ROAD

Baroud OC

165,000

165,000

890

1,068

1,179

33

10

3701-4000

G12

ROM

SECL

24-Dec-14

ROAD

Chhal OC

100,000

100,000

890

1,068

1,556

75

46

3701-4000

G12

ROM

SECL

24-Dec-14

ROAD

Chhal OC

200,000

200,000

890

1,068

1,451

63

36

3701-4000

G12

ROM

SECL

24-Dec-14

ROAD

Manikpur OC (Stock)

80,000

80,000

890

1,068

1,861

109

74

3701-4000

G12

ROM

MCL

9-Dec-14

ROAD

Bharatpur*

20,000

20,000

890

1,068

1,663

87

56

3701-4000

G12

STM

MCL

9-Dec-14

ROAD

Hingula

50,000

50,000

1,070

1,284

1,798

68

40

3701-4000

G12

ROM

MCL

9-Dec-14

ROAD

Lingaraj*

10,000

10,000

890

1,068

2,195

147

106

3701-4000

G12

ROM

MCL

9-Dec-14

ROAD

Ananta*

50,000

50,000

890

1,068

2,273

155

113

3701-4000

G12

STM

MCL

9-Dec-14

ROAD

Lilari

50,000

50,000

1,070

1,284

1,637

53

27

3701-4000

G12

STM

MCL

9-Dec-14

ROAD

Balram

200,000

200,000

1,070

1,284

1,805

69

41

3701-4000 Total

 

 

 

 

 

 

925,000

925,000