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coal-india-forms-jv-for-coal-gasification-project
coal-india-forms-jv-for-coal-gasification-project

Coal India forms JV for coal gasification project

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Indian government-owned firm Coal India Limited (CIL) has signed a joint venture (JV) agreement with three companies to set up a new coal gasification project in Talcher, Odisha state.

The project will entail a coal gasification-based fertiliser complex, along with a power plant and associated facilities.

In its filing to the Bombay Stock Exchange (BSE), the company stated, “Coal India Limited (CIL), GAIL (India) Limited, Rashtriya Chemical Fertilizers Limited (RCF) and Fertilizer Corporation of India Limited (FCL) have entered into a Joint Venture Agreement for incorporation of a company namely ‘Rashtriya Coal Gas Fertilizers’ to establish and operate new coal gasification-based Fertilizer Complex (Ammonia Urea Complex) at Talcher along with power plant and associated facilities at Talcher unit of FCIL and to market its products.”

GAIL will be primarily responsible for setting up the upstream coal gasification and gas purification section for the production of ammonia syngas for downstream fertiliser unit. RCF and Coal India will put up the other downstream plants of ammonia, urea, nitric acid and ammonium nitrate plants.

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