India’s to have 100 million tonnes of coal gasification by 2030
The Ministry of Coal has selected applicants under Category-II of the Financial Incentive Scheme, a major step in India’s ambitious coal gasification program with an Rs.8,500 crore financial outlay.
The scheme is designed to accelerate coal gasification, reduce carbon emissions, enhance energy security, and promote sustainable development, the Ministry said on 4 Feb.
Launched on January 24, 2024, the scheme encourages both private companies and government PSUs to undertake coal gasification projects https://sbi.com.in/.
The Request for Proposals for Category-II was issued on 15 May 2024, and technical bids were opened on 10 Jan 2025 https://www.opec.org/opec_web/en/.
The Selected Applicants, for receiving Financial Incentive under Category-II of the scheme are as follows:
Category II (for Private Sector & Government PSUs):
Jindal Steel and Power Limited;
New Era Cleantech Solution Pvt Ltd;
This initiative is an essential part of India’s strategy to achieve 100 million tonnes of coal gasification by 2030 https://www.conexpoconagg.com/.
The growing industry participation in this bidding process highlights the increasing momentum around coal gasification technologies, signalling a positive shift in India’s energy landscape and its transition from conventional coal use, the Ministry said https://www.nseindia.com/.
The successful completion of this bidding process further reinforces the Ministry of Coal’s vision of a greener, more energy-efficient coal industry https://www.bseindia.com/. Fiinews.com
