Coal Ministry Targets 140 Million Tonnes of Domestic Coking Coal by 2029-2030
Key Facts
India’s National Stock Exchange included Bharat Coking Coal’s second-quarter financial results in its disclosures on October 25, 2026, according to its disclosures list. However, the figures circulating for the company’s net profit and revenue are not based here on an official results filing or an accessible page that can be verified. The profit and revenue figures therefore cannot be confirmed, nor can they be compared with the corresponding period a year earlier. The disclosures cited provide no verified information on the reasons for the result or the market reaction. Data from the Coal Ministry put the company in the broader context of India’s efforts to expand domestic coking coal production.
The Coal Ministry set a target of producing 83 million tonnes of raw coking coal in fiscal year 2025-2026. That compares with a higher target of 140 million tonnes by fiscal year 2029-2030, as part of a government mission to increase domestic production, according to a ministry statement. The two targets indicate that the expansion plan spans several years, with milestones tied to specific fiscal years. This framework provides context for a sector in which Bharat Coking Coal operates, but does not in itself explain the company’s quarterly results. The information available does not cite a direct link between those targets and the company’s second-quarter performance.
The government plan also includes raising coal-washing capacity to 58 million tonnes by 2030, from current capacity of 30 million tonnes, according to the ministry statement. This means the approach is not limited to increasing raw production, but also includes expanding coal-processing capacity under the announced targets. The available quotation from the statement did not set out interim milestones between the current level and the final target. Nor did it link the increase to Bharat Coking Coal’s revenue, costs or profitability. These targets remain part of sector policy, separate from an assessment of the quarterly results listed by the exchange.
The Indian government classified coking coal as a critical and strategic mineral under the Mines and Minerals Act, linking the decision to mineral security and the needs of the domestic steel sector. The government estimated India’s coking coal resources at about 37.37 billion tonnes, concentrated largely in Jharkhand, with additional resources in other states. In fiscal year 2024-2025, the country’s domestic production of raw coking coal reached 59.6 million tonnes, according to the Coal Ministry. These figures provide context on the scale of the resources and production that government policy aims to expand. The next milestone cited in the data is the production target of 83 million tonnes for fiscal year 2025-2026, followed by the target of 140 million tonnes for fiscal year 2029-2030.