Coal India (CIL) subsidiary Bharat Coking Coal (BCCL) has entered into a Rs 1,880-crore revenue-sharing contract with Prabha Energy for commercial extraction of coal bed methane (CBM).
Prabha Energy will be the CBM developer, having been selected through a global bidding process. CBM will be extracted from Jharia Block- I, a leasehold area of BCCL.
