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Coal India examining feasibility to produce methanol

04 Jan 2018 Evaluate

Coal India (CIL) is exploring the feasibility of producing methanol and other chemicals. Also, the state-run miner is exploring techno-commercial feasibility of production of methanol and other chemicals.

Further, the PSU, through a joint venture with GAIL, Rashtriya Chemical Fertilizers (RCF) and Fertilizer Corporation of India (FCIL) is involved in a venture to set up a coal-based fertiliser plant at the site of the defunct Talcher unit of FCIL.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 422.25
NMDC 80.51
Ashapura Minechem 517.40
Sandur Manganese 180.90
GMDC 543.25
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