Very strong demand for select G-6 grade coals in Feb e-auction
26 Mar 2014
March 26: The entire quantity of 39,600 tons of G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by two subsidiaries of CIL met with very strong demand in the February 2014 e-auctions conducted on the MSTC platform as the whole quantity got allotted at a weighted average price of Rs 3,227 per ton.
However, a total of 39,600 tons of G-6 grade 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.
On the other hand, 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.
Following are the details of G6 grade coal e-auction in February 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 |
STM |
ECL |
27-Feb-14 |
ROAD |
DABOR OCP::Salanpur A (B-II) |
8,000 |
8,000 |
2,330 |
2,330 |
4,070 |
75 |
75 |
5501-5800 |
G6 |
STM |
ECL |
27-Feb-14 |
ROAD |
BEJDIH:: SRIPUR(R-VI) |
750 |
750 |
2,330 |
2,330 |
5,751 |
147 |
147 |
5501-5800 |
G6 |
STM |
WCL |
18-Feb-14 |
ROAD |
SAONER U/G - II |
7,500 |
7,500 |
2,770 |
2,770 |
3,088 |
11 |
11 |
5501-5800 |
G6 |
STM |
WCL |
18-Feb-14 |
ROAD |
SAONER U/G - III |
6,350 |
6,350 |
2,770 |
2,770 |
3,100 |
12 |
12 |
5501-5800 |
G6 |
STM |
WCL |
18-Feb-14 |
ROAD |
SAONER U/G - I |
11,000 |
11,000 |
2,770 |
2,770 |
2,778 |
0 |
0 |
5501-5800 |
G6 |
STM |
WCL |
18-Feb-14 |
ROAD |
PATANSAONGI |
6,000 |
6,000 |
2,770 |
2,770 |
2,920 |
5 |
5 |
39,600 |
39,600 |