Coal to Liquid Plans Affected by Lower Crude Prices - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
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India imports 78% of its fuel needs and its integrated energy policy sees CTL technology as an option. India is worried that the financial slowdown will result in lower crude oil prices and affect its ambitious coal-to-liquid, or CTL, energy security programme.

CTL involves the conversion of coal into liquid fuels such as diesel and petrol, a process that is economically viable only when crude prices are high.

The government plans to award the Bankhui, Sakhigopal B and Alaknanda coal blocks in Talcher district of Orissa that can support production of 3.5 million tonnes of oil and petroleum products. The total cost of the project is estimated at $8 billion (Rs38,960 crore).

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Private sector firms such as Tata Sons-Sasol, Jindal Steel and Power Ltd, Reliance Industries Ltd, Reliance-Anil Dhirubhai Ambani Group, Essar Oil Ltd and Adani Group have previously expressed interest in the project.

Some of the companies are still confident of the project’s economic viability.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


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