Coal India forms Coal Gas India for SNG production

Coal India Limited (BSE:COALINDIA) announced the incorporation of Coal Gas India Limited as a subsidiary on March 25, 2025. The new entity, formed through a joint venture with GAIL, has an authorized share capital of ₹110,00,00,000 and an initial paid-up capital of ₹1,00,000, with Coal India holding 51% and GAIL holding 49%. Coal Gas India Limited aims to set up Coal to Synthetic Natural Gas (SNG) plants and utilize the end product for various applications, exploring the manufacture of organic and inorganic chemical compounds and products. The incorporation received necessary approvals from the Ministry of Coal, DIPAM, and NITI AAYOG.