Energy calculus: India’s new ₹37,500 crore initiative to turn coal into gas demands careful planning
In contrast, producers of urea from natural gas, like India, have been reeling from a 70% spike in the price of this input caused by the choke of Hormuz. At a time like this, we have a compelling case to gasify coal. India’s urea subsidy bill is likely to exceed ₹1.7 trillion, with this fertilizer sold at a tenth of its global price.
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