StockWatch
·
Coal
MoU29 Sept 2026, 02:30 pm

Coal India, HURL Sign Non-Binding MoU for Coal Gasification Urea Project

AI Summary

Coal India Limited (CIL) and Hindustan Urvarak & Rasayan Limited (HURL) have signed a non-binding Memorandum of Understanding (MoU) on September 29, 2026. The agreement aims to explore the development of a coal gasification-based urea production facility at Sindri, Jharkhand. The initial phase will focus on assessing the technical, commercial, and implementation aspects of the project to prepare a Preliminary Feasibility Report (PFR) for evaluating its viability. This collaboration signifies a potential step towards diversifying energy and fertilizer production methods.

Key Highlights

  • Non-binding MoU signed between Coal India and HURL.
  • Explores coal gasification-based urea production in Jharkhand.
  • Focus on technical, commercial, and implementation feasibility.
  • Aims to prepare a Preliminary Feasibility Report.
  • Potential project for fertilizer production diversification.