India plans to make gas out of coal that cannot be mined. India has the largest deposit of that kind of coal. If implemented successfully India will surpass Cina in economic boom in the next ten years.
According to media reports, Oil and Natural Gas Corp (NSI:ONGC), India’s largest oil and gas producer, on Thursday signed an agreement with world’s largest coal producer Coal India Ltd for gasification of unminable coal reserves in the country.
The 50:50 collaboration will use technology from Russia’s Skochinksy Institute of Mining to convert underground coal into methane gas that can be used as fuel in industries, for supplementing availability of domestic natural gas.