Consider the following statements about Coal Bed Methane in India:

  1. Coal Bed Methane is mainly found in eastern India
  2. 100% FDI is permitted in the exploration of coal bed methane in India

  Which of the above statements is/are correct?

Answer: [C] Both 1 & 2

Both the statements are correct
Great Eastern Energy Corporation and Essar Oil are the only two CBM-gas producing blocks in the country, both from separate reserves in Raniganj, West Bengal. Coal Bed Methane gas originates in the coal-seams. Government of India has allowed 100% FDI in the exploration of coal bed methane. Coal Bed Methane originates in the coal-seams and is mainly found in eastern India. Government of India has permitted 100% FDI in the exploration of coal bed methane in India.

This question is a part of GKToday's Integrated IAS General Studies Module