Nature of the Disclosure
Coal India Limited has executed a Non-Binding Memorandum of Understanding (MoU) with ArcelorMittal Nippon Steel India Private Limited (AMNS) for exploring potential collaboration on a coal gasification project.
Key Details
- The MoU was executed on August 12, 2026
- The agreement is non-binding in nature
- The purpose is to explore the possibility of utilizing syn-gas produced from a coal gasification facility
- The facility is proposed to be established by Coal India Limited adjacent to or at the AMNS Paradip Pellet Plant location
- The project will be coupled with CCUS (Carbon Capture, Utilization and Storage)
Initial Focus Areas
Under this Non-Binding MoU, the initial focus shall be to assess:
- Technical modalities of the project
- Commercial modalities of the project
- Implementation modalities of the project
- Preparation of a Preliminary Feasibility Report (PFR) for evaluating project viability
Financial Impact
Financial impact not quantified in the disclosure. The MoU is non-binding and represents an exploratory phase for project evaluation.