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 with significant coal reserves, thanks to the East Bokaro Coalfield and Jharia Coalfield intrusions. In 1965, one of the largest steel manufacturing units in the country, Bokaro Steel Plant, was established by Steel Authority of India Limited at Bokaro Steel City. The Damodar Valley Corporation also set up its first thermal power station in Bokaro (Thermal).