Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
BUSINESS

BHEL Signs Agreement with CIL, NLCIL to Build Coal Gasification-Based Plant

BHEL struck a deal with Coal India Limited and NLC India Limited to build a coal gasification-based plant in the country.

On Thursday, BHEL struck a deal with Coal India Limited and NLC India Limited to build a coal gasification-based plant in the country. The agreement in this regard was signed in the presence of Heavy Industries Minister Mahendra Nath Pandey, Coal and Mines Minister Pralhad Joshi and Niti Aayog member V K Saraswat, according to a BHEL press release.


Under the agreement, BHEL and CIL (Coal India Limited) will jointly build a coal gasification-based plant. It said, among other things, NLCIL will build a lignite-based gasification pilot plant. The agreement is seen as a big step towards achieving the national goal of 100 million tonnes of coal gasification.

Get Daily Prediction & Stocks Tips On Your Mobile