Reliance Plans 4.6 Billion Coal to Gas Project

Reliance Industries plans to invest 4.3 billion dollars in an underground coal gasification plant in Andhra Pradesh. The project aims to reduce imported fuel dependency and create thousands of jobs across two phases.

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FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinager, India, January 17, 2019. REUTERS/Amit Dave/File Photo

Reliance Industries Limited plans to invest 430 billion rupees ($4.59B) in an underground coal-to-gas plant in India's Andhra Pradesh state. The two-phase project could eventually draw 2.7 trillion rupees in investments and create 40,000 jobs. The initiative supports national efforts to reduce imported fuel dependence through coal gasification.