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Reliance to Invest Rs.10 billion in CBM
Reliance Industries Limited (RIL) has announced a significant investment of Rs.10 billion to enhance coal bed methane (CBM) production from its existing blocks in India. This move is aimed at reversing the recent decline in CBM production.
BM, a form of natural gas extracted from coal seams, is considered a cleaner alternative to conventional fossil fuels. Reliance Industries has been a major player in the CBM sector, with substantial reserves in its blocks located in the eastern part of India, particularly in the states of Madhya Pradesh and west Bengal
o address this issue, RIL’s Rs.10 billion investment will focus on several key areas. These include the deployment of advanced technologies for drilling and extraction, enhancing the efficiency of existing wells, and exploring new reserves within the existing blocks.
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