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Why is EIL reviving its CTL pilot plant?
Jan 16: At a time when coal use is being frowned upon, a consortium of Engineers India Ltd, Thermax and HPCL is planning to re-start its coal-to-liquid (CTL) pilot plant, where work was discontinued a couple of years ago.
8CTL is a complex technology and few companies globally have mastered it.
8As the world has moved towards renewable energy, a CTL project with a 20-year life span can only be acceptable if there is compatible carbon sequestration technology available.
8Given this background, analysts are wondering why the consortium is reviving the pilot plant again
8EIL however thinks that demand for couple of such plants may emerge and it wants to be prepared to bid for them
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