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