Board Meeting26 Sept 2026, 03:40 pm
Bharat Coking Coal Board Approves Auditor Appointment & Coal Sale Scheme
AI Summary
Bharat Coking Coal Limited's Board of Directors, in a meeting held on September 26, 2026, approved the appointment of H C O & CO. as the C&AG Nominated Statutory Auditor for FY 2026-27. The board also greenlit an offer for Washed Coking Coal (MCC and PCC) from BCCL washeries under the CIL e-Auction Scheme. This sale will be at a price 5% above Import Parity Price, without an upper cap, for a maximum of 18 rakes during Q3 and Q4 of FY 2026-27, or until negotiations with SAIL for IPP conclude. The meeting took place from 13:30 to 15:30 Hrs.
Key Highlights
- Statutory auditor appointed for FY 2026-27.
- Scheme approved for selling washed coking coal via e-auction.
- Coal sale price set at 5% above Import Parity Price.
- Sale limited to 18 rakes in Q3 & Q4 FY 2026-27.
- Board meeting duration was two hours.
Price Impact
More from BHARATCOAL