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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Azadi Ka Amrit Mahoutsav

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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.

About Post Author

Suman Munshi

Founder Editor of IBG NEWS (15/Mar/2012- 09/Aug/2018). Recipient of Udar Akash Rokeya Shakhawat Hossain Award 2018. National Geographic & Canon Wild Clicks 2011 jury and public poll winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT,LIMS (USA & Australia), GxP(USA & UK),BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in the digital & IT industry with Global MNCs' worked & traveled in USA, UK, Europe, Singapore, Australia, Bangladesh & many other countries. Education and Training advance management and R&D Technology from India, USA, UK, Australia. Over 30 Certification from Global leaders in R&D and Education. Computer Science Teacher, IT & LIMS expert with a wide fan following in his community. General Secretary West Bengal State Committee of All Indian Reporter’s Association
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