In a significant development SAIL/Bokaro Steel Plant has entered into a Mines Developer cum Operator (M.D.) contract with JV Company of M/s Power Mech Projects Ltd., Hyderabad and M/s P.C. Patel Infra Pvt. Ltd., Vadodara for the development and operation of Tasra Open Cast Project of its Colliery Division. Notably Agreement has been signed for coal production at the rate of 04 MTPA for a period of 28 years. Under the MDO agreement, a coal washery unit with state-of-the-art technology will be constructed to supply clean coal to Steel Authority of India Limited.
This project is strategically important for Steel Authority of India Limited and the appointment of MDO is an important step towards “Atmanirbhar Bharat”. It will be a major contributor to the supply of domestic coking coal for steel production.
The contract signing ceremony was attended by Atanu Bhowmik, Director-in-charge, Rourkela Steel Plant – Additional Charge Bokaro Steel Plant along with SAIL/B.S.L. Senior officials of Collieries Division, Projects Division and Center for Engineering and Technology (S.E.T.) Ranchi and representatives of M/s Power Mech Projects Ltd., Hyderabad and M/s P.C. Patel Infra Pvt. Ltd., Vadodara also participated.
During the function, DIC Atanu Bhowmik, appreciated the efforts of the SAIL team in finalizing the agreement and Underlined that the implementation of this project will prove to be a game changer for the upcoming expansion of SAIL and social development of the adjacent areas of Tasra.