India can cut energy import bill by using 10% of coal bed methane: Experts
India can cut its energy imports bill by USD 2 billion if the nation harnesses 10 per cent of the coal bed methane reserves of 2,600 billion cubic meters, said experts.
This assumes significance in view India’s coal production clocking record high during the last iscal year and plans afoot to increase it further.
The experts believe that the industry’s collective efforts in utilising Coal Bed Methane (CBM) can help the country save over USD 2 billion on imports bill in near future. India has an estimated Coal Bed Methane Reserve of 2600 billion cubic metres, they say.
