StockWatch
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Coal
MoU25 Sept 2026, 07:10 pm

BCCL, SAIL Sign MoU for Joint Coal Block Operation

AI Summary

Bharat Coking Coal Limited (BCCL) and Steel Authority of India Limited (SAIL) have signed a Memorandum of Understanding (MoU) for the joint development and operation of the Indikatta Ramnagore Coal Block (SAIL) and the East of Damagoria (Kalyaneshwari) Coal Block (BCCL) in West Bengal. The combined peak-rated capacity of both blocks is 4.0 million tonnes per annum (MTPA), with an estimated 79 million tonnes of extractable reserves in Phase-1. This integrated mining approach aims to boost domestic coking coal production, ensuring raw material availability for the Indian steel industry and aligning with the 'Atmanirbhar Bharat' vision.

Key Highlights

  • BCCL and SAIL sign MoU for joint operation of coal blocks.
  • Combined capacity of 4.0 MTPA with 79 million tonnes reserves.
  • Aims to increase domestic coking coal production.
  • Supports 'Atmanirbhar Bharat' initiative for steel industry.