GEECL to invest Rs 2,500 cr in Bengal to extract coal-bed methane

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GEECL to invest Rs 2,500 cr in Bengal to extract coal-bed methane
GEECL to invest Rs 2,500 cr in Bengal to extract coal-bed methane
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GEECL to invest Rs 2,500 cr in Bengal to extract coal-bed methane

GEECL to invest Rs 2,500 cr in Bengal to extract coal-bed methane

In a huge boost to industry in Bengal, energy major Great Eastern Energy Corporation Limited (GEECL) has decided to invest Rs 2,500 crore to extract coal-bed methane from coalfields in Raniganj.

Coming just before the Bengal Global Business Summit (BGBS), this decision is being seen as major thumbs up for the climate for investment in the state, something that Chief Minister Mamata Banerjee has been stressing on at every business interaction she has.

A spokesperson for GEECL has said that the company would set up 144 wells and a commensurate length of pipelines to extract the methane.

It should be mentioned here that GEECL already operates a methane-extraction setup in the Raniganj (South) block. This Rs 2,500 crore new investment is a big step in the right direction.

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Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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