【SMM Steel】JSW Steel takes over BCCL Dugdha Coal Washery in India's first asset monetization

Published: Jun 23, 2026 17:06

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【SMM Steel】Bharat Coking Coal Limited (BCCL) has transferred its 2 million tonnes per annum Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetization under the Ministry of Coal's infrastructure programme. JSW Steel secured the contract as developer and operator by bidding a 2.35% premium over the standard notified price. This partnership introduces private sector operations into state-owned infrastructure to upgrade resource utilization and expand national coal beneficiation capabilities. The project aims to supply washed coking coal to the domestic steel industry, supporting the national Mission Coking Coal strategy to lower import dependency. The arrangement is expected to optimize supply chain productivity throughout Jharkhand and adjacent regions.

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