Coal news and updates

CIL June spot coal allotment via other platform sharply up

July 30: Both the allotted and offered quantities of coal through the MSTC platform in June 2014 rose sharply as compared to that in May 2014, according to information available with ICMW.

In June 2014, 3.042 million tons (mt) of various types of coal were offered by seven subsidiaries of Coal India Limited (CIL) on the MSTC platform of which 2.740 mt got allotted.

In May 2014, 1.55 million tons (mt) of various types were offered by five subsidiaries of CIL on the same platform of which 1.46 mt got allotted while, in April 2014, 3.99 mt of various types had been offered by eight subsidiaries of CIL of which 3.77 mt had got allotted.

On the other hand, in March, 2.44 mt of various types of coal had been offered by seven subsidiaries of CIL on the MSTC platform of which 2.2 mt had got allotted.