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GAIL, Coal India Form JV to Develop a Coal-to-SNG Project in Eastern Coalfields

GAIL India and Coal India have formed a joint venture (JV) to develop a coal-to-synthetic natural gas (SNG) project in the Eastern Coalfields. The new entity, named Coal Gas India, has been incorporated as a subsidiary of Coal India.

The JV has an authorized share capital of Rs 11 crore and an initial paid-up capital of Rs 1 lakh.

The main objective is to develop and enhance the necessary infrastructure for processing coal into synthetic natural gas, and use the end product in accordance with the market conditions. This includes captive coal mining, coal beneficiation, coal imports, equipment procurement, and setting up related facilities.

Coal India holds a 51 percent stake, while GAIL owns 49 percent. 

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