COALBED METHANE
With India’s Cabinet Committee for Economic Affairs (CCEA) on Wednesday liberalising rules for coalbed methane (CBM), Coal India Limited (CIL) will shortly start scouting for global technology and production partners to extract the gas from coal blocks that it holds. While detailed search plans are still to be worked out, CIL is likely to be open to various options, including joint ventures (JVs) with foreign CBM technology suppliers and developers or pure-play developers to extract gas from its coal blocks without involving technology transfers, sources say.
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