BPCL, Coal India Forge JV for Coal Gasification Project in Maharashtra

JV Details: BPCL and CIL to hold 49% and 51% stakes respectively in the joint venture.&nbsp;&nbsp;
Project Objective: To construct, operate, and maintain a coal gasification plant producing Synthetic Natural Gas (SNG).&nbsp;&nbsp;
Energy Advantage: Supports indigenous gas production, reducing reliance on imported natural gas.&nbsp;&nbsp;
Environmental Focus: Promotes cleaner coal technologies and sustainable industrial development.&nbsp;&nbsp;
Next Steps: Detailed Project Report and regulatory approvals pending before Final Investment Decision.

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Bharat Petroleum Corporation Ltd (BPCL) and Coal India Ltd (CIL) have signed a joint venture agreement to set up a coal gasification project at Western Coalfields in Maharashtra. The proposed venture, with BPCL holding 49% and CIL 51%, aims to produce synthetic natural gas, enhancing India’s energy security and sustainability.