Sunday, October 21, 2007

Sasol mulls US$8 bln investment in coal-to-liquids plant in India

Sasol is considering construction of at least one coal-to-liquid (CTL) plant at an investment of US$6-8 bln, in India - the world's second-fastest growing economy after China. India has recently ammended its Coal Act, and the enabling fiscal framework and access to appropriate coal blocks may encourage further investment.

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