Coal India to set up methanol plant in West Bengal

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 :

Research Desk

Next Post

Govt clears Baxter-Claris' Rs 4,020 crore deal

Wed Apr 19 , 2017
The Foreign Investment Promotion Board (FIPB) has cleared Baxter Healthcare’s deal to acquire India-based Claris Injectibles. Quoting a senior official, a report in said the board approved four foreign direct investment (FDI) proposals including Baxter Healthcare’s deal worth Rs 4,020 crore. The remaining three applications from Panacea Publishing and […]
Govt clears Baxter-Claris' Rs 4,020 crore deal


Blog Stats