India: BCCL tweaks Tranche VII coking coal linkage auction rules, secures active participation

Source: Steelmint Sep 30, 2024 10:45

2.4 mnt coking coal booked in Tranche VII auction at 6% premium. BCCL initiates monetisation process for four washeries. India's coking coal demand to reach over 90 mnt by FY'30.

In a significant step toward bolstering India's self-reliance in the steel sector, Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), has been at the forefront of 'Mission Coking Coal', a crucial component of the 'Aatmnirbhar Bharat' initiative. As India's largest producer of coking coal, BCCL