
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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.