India initiates auction process of Dugda Coal Washery, eyes steel producers [Video]

The Ministry of Coal has initiated the monetisation process for the 2-MTPA capacity Dugda Coal Washery owned by Bharat Coking Coal Limited (BCCL). The monetisation of the Dugda Coal Washery, scheduled through an auction, aims to award the facility to potential steel manufacturers.

The non-operational washery will be granted to the highest bidder along with coal linkages corresponding to the highest premium paid for the coal quantity.

The successful bidder will undertake the design, construction, renovation, operation, maintenance, and transfer of the washery under the build/renovation, operation, maintenance, and transfer model.

Coking coal, an essential raw material for steel production, holds immense significance in India’s industrial landscape.

The monetisation process is expected to streamline operations, optimise resource utilisation, and drive innovation in coal beneficiation techniques. It will also enable BCCL to leverage its expertise in coal mining and processing, solidifying its position as a key player in the Indian coal …