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Task force to study feasibility of making methanol from coal

Press Trust of India  |  New Delhi 

The has constituted a task force to study the feasibility of producing from coal, and using gas as a replacement of in

The development assumes significance as the country is aiming to achieve of 300 million tonnes (MT), which will require extensive mobilisation of natural resources, among others.

The 15-member task force under the chairmanship of Niti Aayog member has secretaries of and steel ministries.

Gopal Singh, CMD Sobti, P K Singh, and Managing Director Sajjan Jindal, Chairman and CMD Baijendra Kumar, among others are also members of the task force.

"A task force is explore the feasibility of producing from coal at and India, replacement of by through gasification process in steel plants, and carbon dioxide capturing from into liquid fuel," according to a steel ministry notification.

The terms of reference of task force include examining the feasibility of transporting methanol to and convert it into olefins,

"The task force would be expected to outline the action plan and the time lines of implementation," the notification said.

Asserting that the deliberation of task force will become reference point for project feasibility, the said, adding that "the task force shall submit the report within 60 days of formation".

Under the Policy, the has set a production target of 300 MT by 2030-31.

The had earlier expressed hope that the steel production capacity will be much higher in the next fiscal from the present 126 MT.

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

First Published: Mon, January 08 2018. 16:00 IST