+
Coal ministry picks applicants for Rs 85 billion gasification scheme
COAL & MINING

Coal ministry picks applicants for Rs 85 billion gasification scheme

The Ministry of Coal recently announced the selected applicants for its Rs 85 billion Coal Gasification Incentive Scheme under Categories I and III. This initiative is part of the government’s efforts to promote cleaner energy solutions and achieve India’s target of 100 million tonnes of coal gasification by 2030.

Under Category I, Bharat Coal Gasification and Chemicals, along with Coal India Limited (both independently and as part of the CIL-GAIL Consortium), have been chosen. Meanwhile, New Era Cleantech Solution has been selected under Category III.

The Union Cabinet-approved scheme focuses on providing financial incentives for coal and lignite gasification projects to reduce carbon emissions, encourage sustainable energy practices, and drive innovation in clean coal technologies.

Category I: Targeted at government PSUs and joint ventures involving PSUs, with Bharat Coal Gasification and Chemicals and Coal India selected.

Category III: Geared towards demonstration projects and small-scale product-based plants, with New Era Cleantech Solution chosen.

The ministry revealed that five applications were submitted under these categories, reflecting the increasing interest in coal gasification technologies. Officials confirmed the successful completion of the selection process, marking progress in India’s transition to cleaner coal solutions.

With a budget of Rs 85 billion, the scheme plays a vital role in India’s energy transition strategy. It aims to advance cleaner coal technologies, generate thousands of jobs, and significantly reduce the nation’s carbon footprint by utilizing domestic coal resources. The initiative also aligns with India’s commitment to climate goals and the development of sustainable energy solutions.

The Ministry of Coal recently announced the selected applicants for its Rs 85 billion Coal Gasification Incentive Scheme under Categories I and III. This initiative is part of the government’s efforts to promote cleaner energy solutions and achieve India’s target of 100 million tonnes of coal gasification by 2030. Under Category I, Bharat Coal Gasification and Chemicals, along with Coal India Limited (both independently and as part of the CIL-GAIL Consortium), have been chosen. Meanwhile, New Era Cleantech Solution has been selected under Category III. The Union Cabinet-approved scheme focuses on providing financial incentives for coal and lignite gasification projects to reduce carbon emissions, encourage sustainable energy practices, and drive innovation in clean coal technologies. Category I: Targeted at government PSUs and joint ventures involving PSUs, with Bharat Coal Gasification and Chemicals and Coal India selected. Category III: Geared towards demonstration projects and small-scale product-based plants, with New Era Cleantech Solution chosen. The ministry revealed that five applications were submitted under these categories, reflecting the increasing interest in coal gasification technologies. Officials confirmed the successful completion of the selection process, marking progress in India’s transition to cleaner coal solutions. With a budget of Rs 85 billion, the scheme plays a vital role in India’s energy transition strategy. It aims to advance cleaner coal technologies, generate thousands of jobs, and significantly reduce the nation’s carbon footprint by utilizing domestic coal resources. The initiative also aligns with India’s commitment to climate goals and the development of sustainable energy solutions.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code