GAIL India and Coal India, on Tuesday, March 25, introduced the incorporation of a three way partnership (JV) to ascertain a coal-to-synthetic pure gasoline (SNG) challenge within the japanese coalfield.
Each state-run Maharatna corporations introduced in separate alternate filings on March 25 that they’ve entered a three way partnership by Coal Fuel India Restricted.
For the three way partnership, a brand new subsidiary of Coal India, ‘Coal Fuel India Restricted’ has been integrated.
“The Ministry of Company Affairs, Authorities of India, has issued a certificates of incorporation to Coal Fuel India Restricted,” mentioned Coal India in an alternate submitting.
