Business Standard

Tuesday, December 24, 2024 | 05:17 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Reliance to transfer Jamnagar asset to subsidiary for syngas production

The transfer will help "unlock the value of syngas" and will help the company's transition to renewables as its primary source of energy, said the company in a press release

Reliance Industries, RIL
Premium

Syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel.

BS Web Team New Delhi
Reliance Industries (RIL) will transfer its Jamnagar syngas project to a subsidiary it owns fully, said the company on Wednesday, referring to mixture of gases used for energy production.

The transfer will help “unlock the value of syngas" and will help the company’s transition to renewables as its primary source of energy, said the company in a press release.

Syngas is a combination of hydrogen, carbon monoxide and some carbon dioxide that is typically manufactured by gasifying a solid hydrocarbon fuel.

Syngas ensures reliability in fuel supply and helps reduce volatility in the energy costs. The mixture is used to produce hydrogen in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in