SAIL and BCCL signed a memorandum of understanding on September 25, 2026, for the joint development and operation of two coal blocks in West Bengal, Steel Authority of India Limited said in a BSE filing the same day.

The agreement covers one coal block belonging to SAIL and another belonging to Bharat Coking Coal Limited (BCCL). Its stated purpose is to develop domestic sources of coking coal, with the exchange headline identifying increased domestic coal production as the objective.

The disclosed scope includes both development and operation of the named assets. The filing reports the signing of the MoU; it does not report the commencement of production at either block.

Coal blocks covered by the agreement

  • Indikatta Ramnagore Coal Block: SAIL's block in West Bengal is included in the joint development and operation arrangement.
  • East of Damagoria (Kalyaneshwari) Coal Block: BCCL's block in West Bengal is the second asset covered by the MoU.

SAIL described the agreement as a significant step towards developing domestic sources of coking coal. The disclosure identifies the participating companies and the two assets, but does not set out their respective responsibilities under the arrangement.

Details in the exchange disclosure

SAIL submitted the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to BSE and the National Stock Exchange of India.

The supplied filing does not disclose an investment amount, production capacity, development schedule or financial terms for the agreement. It also provides no estimate of the arrangement's contribution to SAIL's coal requirements.