Dhanbad-based Coking Coal Ltd. has bagged a mega order to supply 2.40 million tonnes (MT) of coking coal for the steel sector.
The government of India booked the 3.36 MT offered by Coal India arm Bharat Coking Coal Ltd (BCCL) under auction mode for the steel sector for long-term linkages.
Notably, coking coal is a fine raw material that is used to manufacture steel through the blast furnace route.
"BCCL achieved record-breaking success in the recently concluded long-term linkage e-auction (tranche VII) for the steel sub-sector. Of the 3.36 MT of coking coal offered, 2.40 MT was successfully booked, setting a new benchmark in coal bookings," the coal ministry said in a statement.