Announced Fri, 25 Sept, 2026 · 16:40 IST
SAIL and BCCL sign MoU to jointly develop coal blocks in West Bengal
SAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹185.00
prior close
₹185.71
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.2-1.2-1.1-1.7-1.9-5.7-4.4-4.1-10.1————
Up moveDown movePending
AI summary
SAIL and Bharat Coking Coal Limited (BCCL) signed an MoU for joint development and operation of two coal blocks in West Bengal: SAIL's Indikatta Ramnagore Coal Block and BCCL's East of Damagoria (Kalyaneshwari) Coal Block. The partnership aims to boost domestic coking coal production, a key raw material for steelmaking. This move is aimed at reducing reliance on imported coking coal.
Likely market impact
Positive for SAIL - secures long-term domestic coking coal supply, reduces import dependency and input cost volatility for steelmaking.