Joint Venture18 Dec 2025, 07:12 pm
Bharat Petroleum Corporation Ltd. to Form Joint Venture with Coal India Ltd for Coal Gasification Project
AI Summary
Bharat Petroleum Corporation Ltd. (BPCL) has announced the formation of a Joint Venture (JV) with Coal India Ltd. for setting up a Coal Gasification Project at Western Coal fields, Maharashtra. The JV will produce synthetic natural gas (SNG), which will serve as an indigenous alternative to imported natural gas. This initiative aims to leverage CIL’s strength in domestic coal production and BPCL’s expertise in refining and gas marketing, thereby promoting the use of clean coal technologies, enhancing energy security, reducing import dependence, and supporting sustainable industrial growth in India.
Key Highlights
- Formation of Joint Venture between BPCL and Coal India Ltd.
- Project aimed at setting up Coal Gasification Project at Western Coal fields, Maharashtra.
- Production of synthetic natural gas (SNG) as an indigenous alternative to imported natural gas.
- Collaboration to promote clean coal technologies and enhance energy security.
- Reduction of import dependence and support for sustainable industrial growth in India.