Niti Aayog member V K Saraswat has said they are planning to set up a 15,000 tonnes per day coal to methanol gasification unit in a bid to cut crude oil imports.
“The 15,000 tonnes per day plant will cost around Rs 9,000 crore to Rs 10,000 crore. It will gasify coal and convert to methanol,” he told reporters.
He said the plant will be enough meet the initial target of a 10 per cent cut in crude oil import dependence by 2020.
According to Saraswat, while this plan is on the drawing board right now, another 1,500 tonnes per day coal to methanol project has also been proposed.
“We have written to the government to set up a 1,500 tonnes per day coal to methanol gasification unit at the Talcher coal to fertiliser project. A separate stream of coal can be provisioned by the government for the same,” he added.
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