-21.25 (-4.83%) Coal India (CIL) is planning to set up plants for coal gasification and its further processing into downstream chemicals, with an aim to promote environment-friendly uses of coal.
In this direction, CIL has formed a Joint Venture (JV) company along with Rashtriya Chemicals & Fertilizers (RCF), GAIL (India) and FCIL, namely; Talcher Fertilizers to set up a coal based Ammonia-Urea plant at Talcher, Odisha, through surface coal gasification route.
CIL is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.