Commodity Online
NEW DELHI: The coal produced during the month of June by Coal India Ltd. (CIL) and Singareni Collieries Company Ltd (SCCL) fell short of target although it grew by 4.64 percent on a year-on-year basis.

The two companies produced 31.32 million tonnes as against the AAP target of 34.26 million tonnes. The actual coal production of CIL and SCCL during the June 2007 was 29.93 Million tonnes. Therefore, there was a growth of about 4.64% in the month of June, 2008 over the corresponding period of previous year.

Coal dispatches to power sector during June, 2008 was 24.90 million tonnes. During the month of June 2008, E-auction was held in all coal producing companies of CIL. The provisional result of the E-auction in CIL indicates that during June, 2008 the total quantity offered was 155.92 lakh tones as against which 49.06 Lakh tones was allocated.

Average floor(notified price) price in June, 2008 was Rs. 946.60 per tonne against the average Bid price of Rs. 1233.49 per tonne indicating a percentage increase of 30.31%.
Allocation of Coal Blocks

Two more captive coal blocks viz. Rohne coal block was allocated to M/s JSW Steel Ltd, M/s Bhushan Power & Steel Ltd. and M/S Jai Balaji Industries Ltd on 05.06.08 and Lohara (East) coal block was allocated to M/S Murli Industries Ltd and M/S Grace Industries Ltd on 27.06.08.