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Reliance to transfer Jamnagar asset to subsidiary for syngas production

The transfer will help "unlock the value of syngas" and will help the company's transition to renewables as its primary source of energy, said the company in a press release

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Syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel.

1 min read Last Updated : Nov 25 2021 | 8:23 AM IST

Reliance Industries (RIL) will transfer its Jamnagar syngas project to a subsidiary it owns fully, said the company on Wednesday, referring to mixture of gases used for energy production.

The transfer will help “unlock the value of syngas" and will help the company’s transition to renewables as its primary source of energy, said the company in a press release.

Syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel.