Bharat Coking Coal IPO GMP Live Updates: BCCL GMP hints at 43% listing gains; Issue subscribed 33X so far. Check GMP trends and expert views – The Economic Times

Operational and regulatory risks:
The company’s mining activities face operational challenges such as adverse weather, natural disasters, labour shortages, equipment failures and accidents, which could raise costs and disrupt or delay production at certain mines. The business is also subject to labour and welfare regulations covering wages, working hours and conditions, resulting in employee benefit expenses forming a significant share of total costs.

ESG risks:
BCCL’s operations carry inherent environmental, social and climate-related risks. India’s climate commitments, including the Paris Agreement and the 2070 net-zero target, signal a gradual decline in coal usage. Stricter emission norms, higher carbon levies, tighter mine allocations and increased environmental litigation could elevate compliance costs, restrict production, accelerate asset closures and lead to financial penalties.