Coal India may get go-ahead to extract CBM from mines
Coal India had cash balance of Rs 58,202 crore in 2011-12.
The total sedimentary area for CBM exploration in India is of the order of 26,000 sq. km. Out of this, exploration has been initiated in only 52% of the area and large area remains to be explored. At present, the country’s total methane production stands at approximately 0.32 million standard cubic meters per day (mmscmd), potential to generate approximately 80 MW of power, it is expected to go up to 7.4 mmscmd by the year 2014.
Be the first to comment.