Bharat Coking Coal Limited
(BCCL) is a subsidiary of Coal India Limited
with its headquarters in Dhanbad
. It was incorporated in January, 1972 to operate coking coal mines (214 Nos) operating in the Jharia & Raniganj Coalfields, taken over by the Govt. of India on 16th Oct,1971.
Currently, the Company operates 78 coal mines which include 41 underground, 16 opencast & 21 mixed mines. The Company also runs 7 coking coal washeries, 3 non-coking coal washeries, one Captive Power Plant (2x10 MW), and 5 bye-product coke plants. The mines are grouped into 13 areas for administrative convenience.
BCCL is the major producer of prime coking coal (raw and washed). Medium coking coal is also produced in its mines in Mohuda and Barakar areas. In addition to production of hard coke, BCCL operates a number of sand gathering plants, a network of aerial ropeways for transport of sand and nine coal washeries, namely, Dugda, Mohuda, Bhojudih, Patherdih, Lodna, Sudamdih, Barora, Moonidih and Madhubhan.
Bharat Coking Coal Limited is one of the consistently loss-making subsidiary company of Coal India Limited. The losses incurred by the company during 2002-03, 2003–04 and 2004-05 were Rs. 507.13 crore, and Rs. 569.85 crore and Rs. 959.43 crore respectively . The company has made a turn around in the current fiscal year and has registered a profit of 1.66 crores during April to December 2005.The paid up capital of the company as on 31.03.2005 is Rs. 2,118.00 crore. The... Read More