Bharat Coking Coal has reported a record single-day coal booking of approximately 2,36,850 tonnes under its newly launched special discount scheme. The initiative, designed to liquidate coal stock, offered discounts ranging from ₹100 to ₹600 per tonne across various slabs, garnering a strong response from consumers.
During the e-auction conducted recently, the company booked around 1,80,000 tonnes of coal via rail mode, distributed across 45 rakes. Additionally, approximately 56,850 tonnes were booked through road mode. This substantial booking marks a significant milestone for Bharat Coking Coal, reflecting the effectiveness of its consumer-centric policies.
The higher booking through rail mode is anticipated to bolster key sectors such as steel and other core industries, showcasing the strategic importance of the company’s operations in supporting industrial growth.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Arunika Jain and reviewed by Aman Shukla before publication.