CCL inks deal with PSU to set up nine eco-parks in Jharkhand

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Central Coalfields Limited (CCL), a Jharkhand-based subsidiary of Coal India Ltd., signed a Memorandum of Understanding (MoU) with a public sector enterprise,WAPCOS Ltd.

The parks covering an area of 126.47 hectares will be developed in Bokaro, Chatra, andHazaribagdistricts at a cost of around Rs 63 crore.

The development of the eco-parks will envisage a sustainable ecosystem by adopting suitable measures like

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honey bee farming, fish farming, Food Processing plant and others with a goal for revenue generation to meet the maintenance expenditure.

The period of engagement of WAPCOS Ltd is for six years, including one year for development and subsequent five years for maintenance.