Kolkata Government-owned Steel Authority of India (SAIL) is close to getting two coking coal blocks, Tasra and Sitanala, in Jharkhand, which will enable the steel major to mine coal in India for the first time.

A source close to the development told Fe the two coking coal blocks have a reserve of around 45 million tonne. SAIL aims at producing 40 lakh tonne a year, for which it could invest up to R16,000 crore. SAIL chairman CS Verma, however, declined to comment on the issue, citing confidentiality norms.