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Coal news and updates

Strong demand for select G-6 grade coals in August e-auction

27 Sep 2013

September 27: A total of 89,400 tons of G-6 grade (GCV 5501 to 5800 Kcal/kg) of coal offered by four subsidiaries of CIL met with strong demand in August 2013 e-auctions conducted on MSTC platform as 88,700 tons of the offered quantity got allotted at a premium ranging from 0-74%.

However, in July, 71,700 tons of G-6 grade of coal was offered by three subsidiaries of CIL out of which 71,690 tons of the offered quantity got allotted at a premium ranging from 0.21-80.23%.

Following are the details of G6 grade coal e-auction in August:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered(In tons)

Allotted qty(In tons)

(ARP)Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase Over Notified Price (%)

% Increase Over Reserve Price (%)

5501-5800

ROM

SECL

8-Aug-13

ROAD

Sharda (High Wall) (Stock)

      15,000

      15,000

     2,150

     2,150

     2,414

          12

          12

5501-5800

SLK

SECL

8-Aug-13

ROAD

Khairha UG (Bunker)

           500

           500

     2,170

     2,170

     2,170

          -  

          -  

5501-5800

SLK

SECL

8-Aug-13

ROAD

Rajendra UG (Bunker)

        8,900

        8,900

     2,170

     2,170

     2,379

          10

          10

5501-5800

SLK

SECL

8-Aug-13

ROAD

Damini UG (Bunker)

      20,000

      20,000

     2,170

     2,170

     2,170

          -  

          -  

5501-5800

SLK

SECL

8-Aug-13

ROAD

Dhanpuri UG (Bunker)

        1,500

        1,500

     2,170

     2,170

     2,274

            5

            5

5501-5800

SLK

SECL

14-Aug-13

ROAD

Jamuna 1/2

           800

           100

     2,170

     2,170

     2,170

          -  

          -  

5501-5800

SLK

SECL

14-Aug-13

ROAD

Palkimara

        4,000

        4,000

     2,170

     2,170

     2,171

            0

            0

5501-5800

STM

BCCL

22-Aug-13

ROAD

BLOCK IV

        1,000

        1,000

     2,330

     2,330

     3,434

          47

          47

5501-5800

STM

ECL

30-Aug-13

ROAD

BEJDIH:: SRIPUR(R-VI)

        1,000

        1,000

     2,330

     2,330

     4,052

          74

          74

5501-5800

STM

SECL

8-Aug-13

ROAD

Rajendra UG (Bunker)

        1,000

        1,000

     2,330

     2,330

     3,213

          38

          38

5501-5800

STM

SECL

8-Aug-13

ROAD

Amlai OC (Stock)

        5,000

        5,000

     2,330

     2,330

     3,514

          51

          51

5501-5800

STM

SECL

8-Aug-13

ROAD

Dhanpuri OC (D Sector Stock)

      16,000

      16,000

     2,330

     2,330

     3,702

          59

          59

5501-5800

STM

SECL

8-Aug-13

ROAD

Damini UG (Bunker)

        2,000

        2,000

     2,330

     2,330

     2,604

          12

          12

5501-5800

STM

SECL

8-Aug-13

ROAD

Dhanpuri UG (Bunker)

           300

           300

     2,330

     2,330

     3,053

          31

          31

5501-5800

STM

SECL

14-Aug-13

ROAD

Amadand OC

        9,000

        9,000

     2,330

     2,330

     3,639

          56

          56

5501-5800

STM

SECL

14-Aug-13

ROAD

Jamuna 1/2

           200

           200

     2,330

     2,330

     3,125

          34

          34

5501-5800

STM

WCL

27-Aug-13

ROAD

TAWA

        1,200

        1,200

     2,615

     2,180

     3,435

          58

          31

5501-5800

STM

WCL

27-Aug-13

ROAD

TAWA - II

        2,000

        2,000

     2,615

     2,180

     3,795

          74

          45

Total

 

 

 

 

 

      89,400

      88,700