Coal India Ltd (CIL) has officially established Coal Gas India Ltd, a joint venture subsidiary with GAIL (India) Ltd, as part of its expansion into the synthetic natural gas (SNG) market. This move marks a significant shift in CIL’s strategy, aiming to diversify beyond coal mining and into cleaner energy alternatives.
Government Approves Incorporation of New Entity
The Ministry of Corporate Affairs granted an incorporation certificate to Coal Gas India Ltd on March 25, 2025. This development follows the formal joint venture agreement signed between CIL and GAIL in August 2024.
Coal Gas India Ltd is structured with an authorized share capital of ₹11 lakh and an initial paid-up capital of ₹1 lakh. The shareholding structure gives Coal India a 51% stake with an investment of ₹51,000, while GAIL holds the remaining 49%, contributing ₹49,000. The entity’s primary objective is to enter the coal-to-SNG business and explore market opportunities for synthetic gas and its by-products.
What Coal Gas India Ltd Will Focus On
The new subsidiary plans to engage in multiple business verticals that align with its coal-to-SNG strategy. These include:
- Setting up coal gasification plants
- Captive coal mining operations
- Enhancing coal beneficiation techniques
- Importing advanced coal-related equipment
- Developing infrastructure for coal processing
With extensive market research backing these initiatives, the venture is expected to play a crucial role in India’s shift towards cleaner coal-based energy solutions.
Regulatory Green Light and Strategic Importance
Before its incorporation, the joint venture secured approvals from the Ministry of Coal, the Department of Investment and Public Asset Management (DIPAM), and NITI Aayog on February 19, 2025. This regulatory backing underscores the government’s intent to support cleaner energy solutions while leveraging coal resources efficiently.
One major benefit of the venture is its potential to contribute to India’s energy transition efforts. By using coal gasification technology, the company aims to reduce carbon emissions while ensuring energy security. Synthetic natural gas can serve as a bridge fuel, reducing dependence on imported natural gas while making use of domestic coal reserves.
Coal India’s Production Target and Upcoming Update
Coal India is set to release its provisional production update for the current fiscal year by the end of this week. The company had set an ambitious target of 838 million tonnes (MT) for the financial year. To meet this goal, it will need to produce more than 100 MT in the final stretch.
Given the company’s past performance and its strategic push into SNG, market analysts are closely watching whether it can hit this target. Achieving it would further strengthen Coal India’s position as a dominant player in the energy sector, with an increasing focus on diversification.
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
