Economy
Bokaro district has a large steel plant, Bokaro Steel Plant (BSL), controlled by the Steel Authority of India Limited; and several other medium and small industries. The district has already emerged prominently on the industrial map of India. Apart from the existing Bokaro Steel Plant (BSL), the district has Electrosteel Castings Limited (EIL) in Chandankiyari(15 km from the City) which is expected to commence production soon. Bokaro Power Supply Corporation Private Limited, a joint venture of Damodar Valley Corporation and BSL, will be coming up with a 450 MW power plant. The primary economy is supplemented by BIADA (Bokaro Industrial Area Development Authority) governing three districts, namely, Bokaro, Dhanbad, and Giridih — which is an industrial area supplying most of the industrial supplies for the for large, medium and small companies, and there are some small mills making finished products out of steel as well as cement from the slag.
Apart from these units Bokaro also has large Thermal Power Plants- Bokaro Thermal(BTPS), Tenughat Thermal(TTPS), Chandrapura Thermal(CTPS) and New one SAIL-DVC Thermal.
Gumia is famous for its biggest explosive plant in India.
In 2006 the Indian government named Bokaro one of the country's 250 most backward districts (out of a total of 640). It is one of the 21 districts in Jharkhand currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Bokaro District
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