Jun 18: The Indian government is working hard on ushering in a methanol economy to ease India's dependency on imported crude oil 8Coal based methanol capacity creation is contemplated 8Using bio mass is a strategic option but starting with coal and transiting to biomass seems to be a viable option 8The raw biomass available in India can potentially fulfill the 20% penetration level requirement, but is fraught with other issues like its unwieldy nature, low energy density, inconsistent quality, transportation challenges and lack of a reliable supply chain system. 8Find out the opportunities and challenges involved Click on Reports for more