Centre Signs Clean Energy Pact with Coal Gasification Firms
COAL & MINING

Centre Signs Clean Energy Pact with Coal Gasification Firms

In a major move to advance cleaner energy alternatives, India’s Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. This category encompasses both private companies and public sector undertakings.
The agreement signing took place in the presence of Shri Sanoj Kumar Jha, Additional Secretary at the Ministry of Coal, alongside Shri Asheesh Kumar, Officer on Special Duty (Technical), and Shri BK Thakur, Director (Technical).

The selected applicants under Category II include:

1. Jindal Steel and Power Limited
2. New Era Cleantech Solution Private Limited
3. Greta Energy and Metal Private Limited

Launched on 24 January 2024, the financial incentive scheme carries a total outlay of Rs 85 billion. It targets the achievement of 100 million tonnes of coal gasification by 2030, aiming to utilise India’s vast domestic coal reserves to drive sustainable industrial growth. The scheme encourages broad participation from public and private sectors to establish coal gasification plants nationwide.

This initiative forms a core part of India’s clean coal transition roadmap. It is expected to mitigate environmental impact, bolster energy security, and promote economic development through technology-led infrastructure projects.

Image Source: thehansindia

In a major move to advance cleaner energy alternatives, India’s Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. This category encompasses both private companies and public sector undertakings.The agreement signing took place in the presence of Shri Sanoj Kumar Jha, Additional Secretary at the Ministry of Coal, alongside Shri Asheesh Kumar, Officer on Special Duty (Technical), and Shri BK Thakur, Director (Technical).The selected applicants under Category II include:1. Jindal Steel and Power Limited2. New Era Cleantech Solution Private Limited3. Greta Energy and Metal Private LimitedLaunched on 24 January 2024, the financial incentive scheme carries a total outlay of Rs 85 billion. It targets the achievement of 100 million tonnes of coal gasification by 2030, aiming to utilise India’s vast domestic coal reserves to drive sustainable industrial growth. The scheme encourages broad participation from public and private sectors to establish coal gasification plants nationwide.This initiative forms a core part of India’s clean coal transition roadmap. It is expected to mitigate environmental impact, bolster energy security, and promote economic development through technology-led infrastructure projects.Image Source: thehansindia

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement