BPCL board approves JV with Coal India for coal gasification project in Maharashtra

BPCL and Coal India Ltd will form a joint venture at Western Coalfields in Maharashtra to build a coal gasification project, aiming to produce synthetic natural gas and boost energy security. BPCL shares ended lower on Thursday, December 18, by 1.32% at ₹363.50 on the NSE, while the Coal India stock ended marginally higher at ₹385.15.

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