PSU giants BHEL and NTPC, are in talks to form a joint venture to put up a 100 mw power project based on a new technology. The project will be based on a clean coal technology, called Integrated Gasification Combined Cycle (IGCC) - a technology which is less polluting and extracts more energy out of coal. The first round of talks between the two PSUs would take place soon. It is understood that the project will cost Rs 700 crore and will be equally shared between BHEL and NTPC. IGCC converts coal into 'synthetic gas', which is a mixture of carbon monoxide and hydrogen.
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