{"id":636871,"date":"2024-02-29T10:38:44","date_gmt":"2024-02-29T05:08:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=636871"},"modified":"2024-02-29T12:02:24","modified_gmt":"2024-02-29T06:32:24","slug":"coal-india-bhel-signs-jv-pact-coal-to-chemicals-biz","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-bhel-signs-jv-pact-coal-to-chemicals-biz\/","title":{"rendered":"Coal India, BHEL signs JV pact coal-to-chemicals biz"},"content":{"rendered":"<p>Coal India and Bharat Heavy Electricals Ltd (BHEL) on Wednesday announced the signing of a joint venture agreement for setting up of an ammonium nitrate plant as a part of its coal gasification project. <\/p>\n<p>The joint venture will initiate the \u2018coal to chemicals\u2019 business by first setting up a 2,000 tonnes per day ammonium nitrate plant and will use Pressurized Fluidized Bed Gasification technology developed by BHEL, the company said in an exchange filing. <\/p>\n<p>Coal India will own 51% stake in the joint venture with BHEL acquiring the remaining 49%. The JV will be registered in Odisha, and incorporated as a \u201cprivate limited\u201d company with an initial paid-up share capital of Rs 1 lakh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India and Bharat Heavy Electricals Ltd (BHEL) on Wednesday announced the signing of a joint venture agreement for setting up of an ammonium nitrate plant as a part of its coal gasification project. The joint venture will initiate the \u2018coal to chemicals\u2019 business by first setting up a 2,000 tonnes per day ammonium nitrate plant and will use Pressurized Fluidized Bed Gasification technology developed by BHEL, the company said in an exchange filing. Coal India will own 51% stake in the joint venture with BHEL acquiring the remaining 49%. The JV will be registered in Odisha, and incorporated as [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-636871","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=636871"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636871\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=636871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=636871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=636871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}