SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CIL identifies block for coal-to-liquid foray

07 Feb 2011 Evaluate

Coal India has identified Deocha-Pachami block at Bankura district in West Bengal for its proposed foray into coal-to-liquid (CTL) project. The block has a huge reserve of 19 billion tonnes, which could be exploited for burning coal to form oil. The projected investment would be around Rs 45,000 crore which might be funded through a joint venture. SASOL and Lurgi were the two companies having the CTL technology. Setting up a CTL project would help the country to insulate itself from the volatility of internal crude prices.crackcrack

Coal India Share Price

441.00 2.30 (0.52%)
20-Apr-2026 15:31 View Price Chart
Peers
Company Name CMP
Coal India 441.00
NMDC 88.90
GMDC 691.00
Sandur Manganese 213.70
MOIL 321.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×