The Economic Times

Bharat Coking Coal announces scheme to encourage higher coal offtake, cut costs for power consumers

Bharat Coking Coal Ltd, a subsidiary of Coal India, has launched a new scheme. This initiative aims to boost coal purchases by power companies and lower their expenses. The plan encourages increased coal lifting, especially via rail, to ensure steady electricity supply and support India's energy self-reliance goals. Incentives are tied to actual coal lifted against quarterly targets.