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 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.