Cabinet Approves £8.5 Billion Coal Gasification Incentive

29 Jan 2024 CW Team

In a groundbreaking move, the Cabinet has granted approval for an £8.5 billion incentive aimed at promoting coal gasification. This strategic decision marks a significant step towards cleaner and more sustainable energy solutions. The financial boost is expected to drive innovation and investments in the coal sector, aligning with the government's commitment to environmental responsibility.

The incentive package encompasses a comprehensive strategy, encouraging the adoption of advanced technologies for efficient coal utilization. As the nation transitions towards greener energy alternatives, this financial backing serves as a catalyst for research and development in the energy sector.

The ?8.5 billion incentive is set to be rolled out systematically, fostering collaborations between the government, industry stakeholders, and research institutions. This initiative not only addresses immediate energy needs but also lays the foundation for a more sustainable and eco-friendly energy landscape.

Experts anticipate that the incentive will stimulate job creation and economic growth, providing a much-needed boost to the coal industry. Additionally, it reflects the government's commitment to diversifying the energy portfolio while addressing environmental concerns.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..