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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

 

 

 

 

 

 

 

440000

440000