New Delhi: Steel Authority of India Limited (SAIL) and Bharat Coking Coal Limited (BCCL) signed a Memorandum of Understanding (MoU) on September 25, 2026, for the joint development and operation of two coal blocks in West Bengal.
The agreement is aimed at strengthening domestic sources of coking coal, increasing indigenous coal production and supporting the requirements of the country’s steel industry.
SAIL and BCCL to Jointly Develop Two Coal Blocks
Under the MoU, SAIL and BCCL will jointly develop and operate the following coal blocks in West Bengal:
- Indikatta Ramnagore Coal Block – owned by SAIL
- East of Damagoria (Kalyaneshwari) Coal Block – owned by BCCL
The partnership brings together the two companies for the development and operation of these coal assets, with a focus on strengthening domestic coking coal availability.
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MoU to Boost Domestic Coking Coal Production
Coking coal is a key raw material for steel production. The agreement between SAIL and BCCL is intended to support the development of indigenous sources of coking coal and contribute to higher domestic production.The initiative is also aligned with efforts to strengthen the domestic availability of coking coal for the steel sector and reduce dependence on imported supplies.
Agreement Disclosed Under SEBI Regulations
SAIL has intimated the development to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure provides details of the MoU between SAIL and BCCL for the joint development and operation of the two coal blocks.
Focus on Strengthening Domestic Coal Availability
The agreement forms part of the efforts to strengthen the availability of coking coal from domestic sources.
By developing the two coal blocks jointly, SAIL and BCCL aim to contribute to increased domestic coking coal production and support the long-term requirements of the Indian steel industry.
The initiative also supports efforts to develop indigenous resources and reduce the sector’s dependence on imported coking coal.
Key Highlights of the SAIL-BCCL Agreement
The major details of the MoU include:
- Parties: Steel Authority of India Limited and Bharat Coking Coal Limited
- Date of MoU: September 25, 2026
- Location: West Bengal
- SAIL Block: Indikatta Ramnagore Coal Block
- BCCL Block: East of Damagoria (Kalyaneshwari) Coal Block
- Purpose: Joint development and operation of the two coal blocks
- Focus: Increasing domestic coking coal production and strengthening indigenous coal sources
- Sector: Coal and steel
About Steel Authority of India Limited
Steel Authority of India Limited (SAIL) is one of India’s major steel producers and a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Steel, Government of India. The company operates integrated steel plants and mines and produces a wide range of steel products for various sectors of the economy.
About Bharat Coking Coal Limited
Bharat Coking Coal Limited (BCCL) is a subsidiary of Coal India Limited engaged primarily in the mining of coking coal in the Jharia coalfields of Jharkhand. The company plays an important role in supplying coking coal to India’s steel industry and supporting domestic coal production.
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