Bharat Coking Coal Ltd approved the BCCL washed coal sale proposal at its board meeting on September 26, 2026, according to a BSE filing. The decision allows washed MCC and washed PCC from all BCCL washeries to be offered under the CIL e-Auction Scheme, subject to specified pricing, quantity and timing conditions.

The board permitted sales at 5% above the Import Parity Price (IPP), without any upper cap. The permission covers a maximum of 18 rakes during the third and fourth quarters of financial year 2026-27, or until negotiations with SAIL on IPP conclude, whichever occurs earlier.

The filing records the board's permission to offer the coal under the auction scheme. It does not disclose an auction outcome, a completed sale or the value of any resulting transaction.

Pricing, quantity and sale window

The approval brings both specified washed coking coal categories within the permitted auction offering. Its operational scope extends to all BCCL washeries, while the permitted quantity and duration remain subject to the terms recorded by the board.

  • Products: Washed MCC and washed PCC from BCCL washeries.
  • Sale route: The CIL e-Auction Scheme.
  • Quantity: A maximum of 18 rakes under the stated permission.
  • Period: Quarter III and Quarter IV of FY 2026-27, with an earlier cutoff if the SAIL negotiations on IPP conclude.

The reference to no upper cap appears within the pricing term. The board separately specifies the maximum rake quantity and the applicable sale window. The filing does not provide a rupee-denominated IPP or a per-rake coal tonnage.

Statutory auditor appointment noted

Separately, the board noted the appointment of H C O & CO. as statutory auditor for FY 2026-27, as communicated by the Comptroller and Auditor General (C&AG).

BCCL disclosed both matters under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The board meeting began at 13:30 hours and concluded at 15:30 hours on September 26, 2026. Company Secretary and Compliance Officer Debanuj Debnath signed the disclosure, which identifies the company's BSE scrip code as 544678.

Source: BSE corporate announcement.