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

24 Feb 2014

February 24: A total of 83,888 tons of G-6 grade (GCV 5,501 to 5,800 Kcal/kg) of coal offered by four subsidiaries of CIL met with good demand in the January 2014 e-auctions conducted on the MSTC platform as 82,938 tons got allotted at a weighted average price of Rs 2,926 per ton.

However, a total of 40,500 tons of G-6 grade of coal offered by two subsidiaries of CIL met with good demand in the December 2013 e-auctions conducted on the MSTC platform as 33,200 tons got allotted at a weighted average price of Rs 3,354 per ton.

On the other hand, in November, a total of 281,720 tons of G-6 grade of coal offered by four subsidiaries of CIL met with good demand in the e-auctions as 269,930 tons got allotted at a weighted average price of Rs 2,577 per ton.

Following are the details of G6 grade coal e-auction in January 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted qty (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 (%)

5501-5800

G6

n

CCL

29-Jan-14

ROAD

RAJHARA

2000

1050

2,330

2,330

2,330

0.00

0.00

5501-5800

G6

STEAM

BCCL

21-Jan-14

ROAD

BLOCK IV

1500

1500

2,330

2,330

2,335

0.21

0.21

5501-5800

G6

STEAM

WCL

22-Jan-14

ROAD

SILEWARA

1050

1050

2,770

2,770

3,428

23.75

23.75

5501-5800

G6

STEAM

WCL

22-Jan-14

ROAD

SAONER U/G - II

8200

8200

2,770

2,770

2,943

6.25

6.25

5501-5800

G6

STEAM

WCL

22-Jan-14

ROAD

SAONER U/G - III

4350

4350

2,770

2,770

2,886

4.20

4.20

5501-5800

G6

ROM

SECL

10-Jan-14

ROAD

Sharda (High Wall) (Stock)

25000

25000

2,150

2,150

2,793

29.89

29.89

5501-5800

G6

ROM

SECL

10-Jan-14

ROAD

Gayatri UG

11000

11000

2,150

2,150

3,388

57.59

57.59

5501-5800

G6

SLK

SECL

10-Jan-14

ROAD

Rehar UG

7000

7000

2,170

2,170

2,861

31.86

31.86

5501-5800

G6

STM

SECL

10-Jan-14

ROAD

Rehar UG

6000

6000

2,330

2,330

4,182

79.48

79.48

5501-5800

G6

ROM

SECL

10-Jan-14

ROAD

Pinoura (Stock)

10000

10000

2,150

2,150

2,354

9.51

9.51

5501-5800

G6

STM

SECL

10-Jan-14

RAIL

Nowrozabad Siding

7788

7788

2,330

2,330

2,660

14.16

14.16

 

 

 

 

 

 

 

83888

82938