You are here: Home » PTI Stories » National » News
Business Standard

PDIL issued letter of acceptance for consultancy services to set up CIL's coal-to-methanol unit

Press Trust of India  |  New Delhi 

State-owned PDIL has been issued a letter of acceptance for providing to set up a coal-to-methanol project at arm SECL's Coal Complex, said Tuesday.

The development assumes significance as (CIL) is aiming to produce 6.76 lakh tonne of methanol per annum to boost clean initiatives.

"The offer of PDIL (Projects & Development Ltd) was techno-commercially accepted and the letter of acceptance was issued to them," said a of

and engineering firm M N Dastur were vying for the said job.

The said had emerged as provisional L-1 (lowest) bidder through the reverse auction process upon understanding furnished by the company which was subject to verification of documents.

However, its offer was rejected due to non-compliance of confirmatory documents and not fulfilling the requirements as per the eligibility criteria, even after providing them opportunity to submit shortfall documents, the added.

"Subsequently, as per the provisions of the NIT (notice inviting tender), the offer submitted by the next lower bidder, i.e. Projects and Development India Ltd, a undertaking, was evaluated and they were found to have fulfilled the eligibility criteria as per NIT," he said.

However, M N Dastur said, "We were not only the lowest bidder, but also the most qualified bidder. Therefore, our disqualification is clearly not on the basis of merit. Nobody in India, apart from M N Dastur, has worked on commercial scale coal gasification and related downstream in "

CIL had earlier said it was planning to set up a coal-based methanol plant at Coal Complex of (SECL), a subsidiary of the company.

As part of its initiative to promote clean and environment, government think-tank Aayog had earlier said it is preparing a road map for full-scale implementation of methanol economy in the near future.

Methanol economy, if adopted by India, can be one of the best ways to mitigate the environmental hazards of a growing nation, the Aayog said.

In the marine sector also, the government is planning to make methanol as a fuel of choice because of emission benefits.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 16 2019. 18:10 IST