Coal India has decided to rope in private firms to develop underground coal gasification projects and set up at least one 50:50 joint venture to create marketing infrastructure and sell the gas. The blocks, where coal production is not viable, will be offered for 25 years and will be developed in three phases, involving exploration and assessment for the first five years and commercial production for the rest.
CIL has retained the right to participate in development of marketing infrastructure for transportation of (gas) to customer delivery points. CILâ€™s participation will be in the form of 50 per cent equity in a joint venture with the developer of the project. The company has identified Thesgora C Block under Western Coalfields command area and Kaitha Block at Central Coalfields to test the waters for underground coal gasification.
Contact: CIL, Tel: +91 33 2248 8099 Web: www.coalindia.in