Very strong demand for select G-6 grade coals in March e-auction
23 Apr 2014
April 23: A quantity of 83,675 tons of G-6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered by five subsidiaries of CIL met with very strong demand in the March 2014 e-auctions conducted on the MSTC platform as 83,470 tons got allotted at a weighted average price of Rs 2,797 per ton.
In fact, the entire quantity of 39,600 tons of G-6 grade coal offered by two subsidiaries of CIL also met with very strong demand in the February 2014 e-auctions conducted on the MSTC platform as the entire quantity got allotted at a weighted average price of Rs 3,227 per ton.
On the other hand, 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.
Following are the details of G-6 grade coal e-auction in March 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Allotted (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 |
21-Mar-14 |
ROAD |
CHURI |
5,000 |
5,000 |
2,330 |
2,330 |
2,331 |
0.03 |
0.03 |
5501-5800 |
G6 |
STEAM |
WCL |
21-Mar-14 |
ROAD |
TAWA - II |
3,500 |
3,500 |
2,363 |
2,835 |
4,338 |
83.59 |
53.03 |
5501-5800 |
G6 |
STEAM |
WCL |
21-Mar-14 |
ROAD |
TAWA |
375 |
370 |
2,363 |
2,835 |
4,104 |
73.7 |
44.78 |
5501-5800 |
G6 |
ROM |
SECL |
10-Mar-14 |
ROAD |
Sharda (High Wall) (Stock) |
70,000 |
70,000 |
2,150 |
2,150 |
2,733 |
27.11 |
27.11 |
5501-5800 |
G6 |
SLK |
SECL |
10-Mar-14 |
ROAD |
Khairha UG (Bunker) |
3,000 |
3,000 |
2,170 |
2,170 |
2,630 |
21.21 |
21.21 |
5650 |
G6 |
STM |
ECL |
31-Mar-14 |
ROAD |
BEJDIH:: SRIPUR(R-VI) |
800 |
800 |
2,330 |
2,330 |
5,045 |
116.52 |
116.52 |
5501-5800 |
G6 |
STM |
BCCL |
20-Mar-14 |
ROAD |
BLOCK IV |
1,000 |
800 |
2,330 |
2,330 |
2,330 |
0.02 |
0.02 |
Total |
83,675 |
83,470 |