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Coal India Arm BCCL Targets 54 MT Output, Rs 200 Bn by FY30

2026-01-07

Bharat Coking Coal (BCCL), a subsidiary of Coal India, plans to scale up its coking coal production to 54 million tonnes by FY 2029–30, with the bulk of incremental supplies earmarked for the steel sector. The expansion is expected to drive the company’s revenue close to Rs 200 billion by the end of the decade, senior officials said.

The production push aligns with India’s broader objective of achieving a national coking coal output target of 140 million tonnes to reduce dependence on imports. BCCL currently produces around 40.5 million tonnes of coking coal and contributes nearly 58.5 per cent of the country’s total output. Manoj Kumar Agarwal, Chairman and Managing Director, Bharat Coking Coal, said the company holds reserves of about 8 billion tonnes, ensuring long-term availability. “Demand of coking coal will never come down,” Agarwal said.

To support higher and cleaner supplies to steelmakers, BCCL is also expanding its coal washing capacity. The current washing capacity of 13.65 million tonnes is planned to be increased to 27 million tonnes in the coming years. Agarwal said washed coal remains a critical raw material for steel production, and enhanced capacity will help meet quality requirements of the sector.

Sanjay Kumar Singh, Director (Technical Operations and Projects & Planning), Bharat Coking Coal Limited, said most of the company’s future production growth will be directed toward steel. Supply to the steel sector is expected to rise to around 9–10 million tonnes, nearly a six-fold increase, while supplies to the power sector are likely to remain broadly stable. “Our growth from 40 to 54 million tonnes is focused towards steel,” Singh said.

Mukesh Agrawal, Director (Finance), Coal India, said BCCL’s revenue could rise to about Rs 200 billion by FY30 from around Rs 138 billion earlier, supported by higher output. Singh added that the revenue dip in the first half of the current year was temporary, attributing it to heavy rainfall affecting open-cast operations and lower price realisations linked to softer imported coking coal prices.

News source: CNBC TV18

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