The East Bokaro Coalfield located in the Bermo-Phusro area and small intrusions of Jharia Coalfield make Bokaro a coal rich district. In 1965, one of the largest steel manufacturing units in the country, Bokaro Steel Plant, operated by Steel Authority of India Limited, was set-up at Bokaro Steel City. The Damodar Valley Corporation established its first thermal power station at Bokaro (Thermal).
Bokaro is a coal-rich area due to the presence of the East Bokaro Coalfield and small intrusions of the Jharia Coalfield. In 1965, the Bokaro Steel Plant, one of India's largest steel manufacturing units, was established in Bokaro Steel City by Steel Authority of India Limited. The Damodar Valley Corporation also set up its first thermal power station at Bokaro (Thermal).