Mumbai, March 31 -- BCCL, a subsidiary of Coal India, issued LoI on 28 March 2025, declaring the company as the "Successful Bidder". The company received the LoI on 29 March 2025.

The company will have firm linkage of 2 MTPA of raw coking coal and right over Washery product. BCCL will supply raw coking coal at a premium of 2.35% over its notified price. Further, JSW Energy (Utkal) is the consortium partner, which will consume by products from the Washery, which will be sold to them at market linked prices.

The company intends to establish domestic coking coal security and linkages by acquiring mines under auction and set up or acquire washeries. The company is in the process of commissioning three coking coal mines in India which will p...