
MoU25 Sept 2026, 04:41 pm
SAIL, BCCL Sign MoU for Coal Block Development
AI Summary
Steel Authority of India Limited (SAIL) and Bharat Coking Coal Limited (BCCL) have signed a Memorandum of Understanding (MoU) for the joint development and operation of coal blocks in West Bengal. This agreement aims to boost domestic coking coal production by developing SAIL's Indikatta Ramnagore Coal Block and BCCL's East of Damagoria (Kalyaneshwari) Coal Block. The MoU represents a strategic move to enhance self-sufficiency in critical raw material sourcing for the steel industry.
Key Highlights
- SAIL and BCCL enter MoU for joint coal block development.
- Focus on boosting domestic coking coal production.
- Agreement covers coal blocks in West Bengal.
- Aims to strengthen raw material sourcing for steel industry.
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