State-owned Coal India Ltd (CIL) on Monday said that it has invited global bids for setting up a coal to methanol plant.
Dankuni Coal Complex (DCC) in West Bengal, currently run by its subsidiary South Eastern Coalfields Ltd, is identified as the project site for the proposed plant.
“Coal India Limited (CIL) on Friday last floated an open global tender inviting bids for setting up a, first of its kind in India, coal to methanol (C2M) plant through surface coal gasification route on Build-Own-Operate (BOO) model,” the PSU said in a statement.
Based on the outcome of pre-feasibility studies, CIL has floated this tender to select the BOO operator for the life span of the plant which is expected to be 25 years.
