Coal India Limited will diversify into coal to chemical business and is planning to set up a coal-based methanol plant in West Bengal.
According to a PTI report, an official said, “Coal India (CIL) intends to diversify into new ‘Coal to Chemical business’ domain by converting the high calorific value, low ash thermal coal into chemical.”
The first step to this new venture, said the report, will be pre-qualification of coal gasification licensors who can produce Syngas of required composition for production of methanol utilising the Raniganj coal.
CIL has also invited an expression of interest from internationally reputed technology licensors having the requisite coal gasification technology and those willing to provide the technology for production of synthesis gas (Syngas) on commercial basis.
Image Credit : udaipurkiran.com