BCGCL conducts a pre-bid meet for coal gasification project

05 Jul 2024 CW Team

According to the government, Bharat Coal Gasification & Chemicals Ltd. (BCGCL) has scheduled its first pre-bid meeting for its first coal gasification project. In order to engage in the coal-to-chemicals industry, the state-owned Coal India (CIL) had previously established a subsidiary company, Bharat Coal Gasification and Chemicals Ltd. (BCGCL). The gathering, which took place in Nodia on Monday, offered a forum for questions, answers, chances for cooperation, and the sharing of crucial project details. According to a statement from the coal ministry, representatives from eight potential bidders attended the conference. BCGCL solicited proposals for three lump-sum turnkey packages last month. The purpose of these bids is to complete the detailed feasibility report (DFR), which is crucial to the project's progress. The establishment of a joint venture business between Coal India and BHEL, in which the former owns a 51 percent share, has been approved by the government. As a result, CIL established BCGCL as a subsidiary in order to undertake coal-to-chemical operations. With regard to its first coal gasification project in India, BCGCL is still making significant strides. With the recent release of the bids, the project?which is slated to be developed in the Lakhanpur region of Mahanadi Coalfields Limited (MCL) in Odisha?has achieved significant milestones.

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