SAILSteel Authority of India

Signs pact with Bharat Coking Coal to develop two coking coal blocks in West Bengal

The two blocks have a combined peak capacity of 4 million tonnes a year, with about 79 million tonnes of reserves in the first phase.

Price, Friday's close₹185.00▲ 0.54%
Last 5 days
52-week low ₹124.0052-week high ₹209.70
Sector
Metals

What happened

  • SAIL and Bharat Coking Coal (BCCL) signed a memorandum of understanding to jointly develop and run two coking coal blocks in West Bengal. The agreement was announced on 26 September 2026.
  • The blocks are SAIL's Indikatta Ramnagore block and BCCL's East of Damagoria (Kalyaneshwari) block.
  • Together they have a peak rated capacity of 4.0 million tonnes a year. The first phase has about 79 million tonnes of coal that can be extracted.
  • The neighbouring blocks will be worked together: in phase one, coal will be mined at Kalyaneshwari and the waste rock dumped at Ramnagore, and the roles swap in phase two.

Why it matters

Coking coal is a key raw material for steel, and the companies say the aim is to increase domestic supply and reduce reliance on imports. No investment figure or timeline was given, and the project still needs mining, environmental and other approvals, land access and transport links.

Good to know: Coking coal is turned into coke, which fuels blast furnaces. A memorandum of understanding sets out a plan to work together; the detailed terms usually come later.

Key facts

Combined capacity
4.0 million tonnes a year
Phase 1 reserves
About 79 million tonnes
Partner
Bharat Coking Coal (BCCL)

Read the source

This is a summary of public news about Steel Authority of India, for information only. It is not a recommendation to buy, sell or hold SAIL.

Next story · 4 of 12Aequs · AEQUSBoard approves ₹650 crore warrant issue to a promoter group trust