Coal-to-SNG project building block towards coal-to-chemicals

Company
11 Mar 2024
5 Min read 
  • The Cabinet Committee on Economic Affairs approved equity investment by Coal India in a Coal-to-SNG project through a joint venture with GAIL.
  •  GAIL sees this as a step towards developing coal-to-chemical capabilities.
  •  There is a business case for coal-to-syngas projects in India due to the country's reliance on imported methanol and urea.
  •  GAIL will have a 30% stake in the project.
  •  The investment in coal-to-syngas projects is driven by the limited investment opportunities in the transmission segment and the goal to decrease reliance on imported gas.
  •  India aims to achieve 100 million metric tons of coal gasification by 2030.
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