Bharat Coking Coal Limited Achieves Record Coal Bookings Under Discount Scheme

1773906651157.webp

Bharat Coking Coal Limited Achieves Record Coal Bookings Under Discount Scheme​

Bharat Coking Coal Limited, a subsidiary of Coal India Limited, announced a record for single-day coal bookings achieved through a recently introduced special discount scheme designed to reduce coal stock. The scheme offered discounts ranging from ₹100 to ₹600 per tonne.

During an e-auction conducted yesterday, approximately 1,80,000 tonnes of coal were booked via rail mode across 45 rakes, while approximately 56,850 tonnes were booked through road mode. This resulted in a total coal booking of approximately 2,36,850 tonnes for the day.

The company noted that the strong response to the scheme highlights the effectiveness of its consumer-centric policies. Increased bookings through rail mode are expected to benefit key sectors including steel and core industries.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Karthik, and published on IST.
Back
Top