Methanol is a clean fuel and an important feedstock for the petrochemical industry. Conventionally, the coal-to-methanol process generates a substantial amount of CO₂ emissions with a low yield of methanol. In this study, we propose the conceptual design development of coal-to-methanol process using captured CO₂ from the gasification plant by implying process intensification. The base case and three alternative designs have been developed using the Aspen Plus to analyze the process performance. The four designs have been compared in terms of their energy consumption, economics, methanol production rate, and carbon emissions while maintaining the gasifier operation conditions, sulfur content in the syngas, and stoichiometric number at the methanol synthesis reactor. Among the developed designs, the most feasible design requires an energy requirement and product cost of 21.9 GJ and $142.5 per ton of methanol product. The study also showed that the coal-to-methanol process assisted with external hydrogen from electrolysis plant for achieving higher production rates and low CO₂ emissions is currently not economical due to the high H₂ cost.