Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official has said.
Government will soon exploit economically unviable coal mines for gasification to produce cheaper urea to cut down on huge Rs.55,000-crore annual subsidy on the fertiliser, Union Minister Gadkari said.
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.
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