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Bharat Coking Coal Limited has handed over its 2.0 MTPA Dugdha Coal Washery to JSW Steel. This marks the first coal washery monetization, aiming to improve efficiency and reduce import reliance.
The company is raising funds through a preferential issue.
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BSE imposed a fine of ₹7.65 lakh on the company for non-compliance issues. The company is pursuing the matter with the Ministry of Coal for board appointments.