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Coal India to set up Methanol plant in West Bengal

Coal India Ltd (CIL), one of the world’s largest coal miner is planning to set up an Methanol plant in West Bengal state of India. According to Chairman of CIL, “Steps have been taken towards methanol production, with the Centre recently easing norms for Coal India (CIL) to extract natural gas, coal bed methane from coal seams”. The unit will have the production capacity of 6.76lakh metric tonne per annum. The Methanol plant will be set up Dankuni Coal Complex (DCC) of South Eastern Coalfields Ltd (SECL), a subsidiary of the company. Pre-feasibility studies for the project have been completed, the source said, adding that financial aspects and timeline for the project were still being finalized. Methanol economy, if adopted by India, can be one of the best ways to mitigate the environmental hazards of a growing nation, it has said.