New Delhi: Central Coalfields Limited (CCL), a Jharkhand-based subsidiary of Coal India Ltd, has signed a memorandum of understanding (MoU) with WAPCOS Limited on Thursday for the development of nine eco-park.

WAPCOS Limited, a PSU under the Ministry of Jal Shakti, is a technology-driven consultancy organisation with a strong presence in the sectors of water, power and infrastructure.

The parks covering a total area of 126.47 hectares will be developed in Bokaro, Chatra and Hazaribag districts of Jharkhand.

CCL Chairman-cum-Managing Director P M Prasad, Director Technical (P&P) S K Gomasta, Director Technical (Operation) R B Prasad along with other officers of CCL were present on the occasion.

Representatives of WAPCOS Ltd were also present at the programme.

The development of the Eco-parks will envisage a sustainable ecosystem by adopting suitable measures like honey bee farming, fish farming, food processing plant and others with a goal for revenue generation to meet the maintenance expenditure, an official release said.

The period of engagement of WAPCOS Ltd is for six years, including one year for the development of the Eco parks and the subsequent five years for maintenance.

The last year will be considered as self- sustainable period, the release said.

The total cost for the development of the nine parks will be around Rs 63 crore.

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