Coal India had signed a Memorandum of Understanding with GAIL for setting up of coal-to-synthetic natural gas project at Sonepur Bazari area of Eastern Coalfields Limited in Burdwan district at an estimated project cost of Rs 13,052 crore
Coal India on Tuesday announced the incorporation of a subsidiary firm, Bharat Coal Gasification and Chemicals Ltd. for undertaking a coal-to-chemicals business. Coal India holds a majority 51% stake in the new entity while the remaining 49% is owned by BHEL.