Very strong demand for G-13 grade coal in Jan e-auction
24 Feb 2014
February 24: Very strong demand was witnessed for G-13 (GCV 3,401 to 3,700Kcal/Kg) grade coal offered by MCL for allotment via the MSTC platform during the month of January 2014 as the entire offered quantity of 440,000 tons got allotted.
On the other hand, G-13 grade coal offered by NCL during the month of December 2013 for allotment via e-auction through the MSTC platform failed to attract any demand.
Following are the details of e-auctions of G13 grade of coal 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 (%) |
3401-3700 |
G13 |
ROM |
MCL |
22-Jan-14 |
ROAD |
Hingula |
100000 |
100000 |
820 |
984 |
1,085 |
32.30 |
10.25 |
3401-3700 |
G13 |
ROM |
MCL |
22-Jan-14 |
ROAD |
Lakhanpur |
240000 |
240000 |
820 |
984 |
1,120 |
36.61 |
13.84 |
3401-3700 |
G13 |
ROM |
MCL |
22-Jan-14 |
ROAD |
Belpahar |
100000 |
100000 |
820 |
984 |
1,540 |
87.83 |
56.52 |
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440000 |
440000 |
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