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The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, has granted approval for equity investment by Coal India Limited (CIL) in the establishment of a coal-to-Synthetic Natural Gas (SNG) Project in the Eastern Coalfields Limited (ECL) command area through a joint venture with GAIL. Additionally, approval was given for the setting up of a Coal-to-Ammonium Nitrate Project in the Mahanadi Coalfields Limited (MCL) command area through a joint venture of CIL and BHEL. These ventures represent key strides in diversifying and maximizing the value chain in the coal sector.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st February 2024 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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