Very strong demand for ungraded coal in Mar e-auction
26 Apr 2016
: Very strong demand was witnessed for ungraded coal offered by CIL for allotment through MSTC in March 2016 as the entire offerings of 20,000 tons got allotted at a weighted average price of Rs 651 per ton, as per data available with ICMW.
On the other hand, ungraded coal was not offered in January 2016 and February 2016 by CIL subsidiaries for allotment through MSTC.
Following are details of the e-auction of ungraded coal on MSTC in March 2016:
GCV Range |
Grade / GCV Band |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Alloted (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 (%) |
Ungraded |
n |
n |
NCL |
17-Mar-16 |
ROAD |
Bina |
20,000 |
20,000 |
540 |
648 |
651 |
21 |
0.46 |
Ungraded Total |
|
|
|
|
|
|
20,000 |
20,000 |
|
|
|
|
|