Sasol offers coal liquefaction technology to India
17 October 2007Mumbai: South African petrochemicals giant Sasol is keen to promote its coal-to-liquid (CTL) transportation fuel technology in India and is seeking firm assurance from the government on the allocation of coal blocks for the purpose.
"Sasol is contemplating a $6 billion to $8 billion investment in India and a commercially proven technology but new in India," Ed Cameron, general manager (commercial) of Sasol Synfuels International told a business session organised as part of the India-Brazil-South Africa summit in Johannesberg.
India has 248 billion tonnes of coal reserves of which 93 billion tonnes are proven reserves.
He said a CTL plant could produce 500-1000 MW of export electricity depending on the configuration and five such plants could replace 20 per cent of India''s fuel imports by 2020.