Coal Ministry targets 100 mt coal gasification by 2030
COAL & MINING

Coal Ministry targets 100 mt coal gasification by 2030

As a way to reinforce the commitment of the government towards green initiatives in the coal sector, Public Sector Undertaking (PSUs)- Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) to collaborate for coal gasification since the Ministry has targeted 100 million tonne (mt) by end of the decade.

In a statement, the Ministry said that the Coal Ministry is aiming to have 100 mt coal gasification by the year 2030 via sustainable utilisation. Due to this the CIL took up four projects, announced in the Union Budget of 2022-23 to assist in the technical and financial viability of the projects.

Experts have stated that for coal gasification and carbon capture the country should bank on indigenous technology for making it reliable as well as affordable.

In August 2020, the Coal Minister, Pralhad Joshi told the media that the country aims the achievement of 100 mt coal gasification by 2030 with investments worth Rs four lakh crore. Establishing a plant is capital-intensive and needs a minimum of 48 months. With limited experience, ensuring the success of initial projects is crucial for the national mission.

For the implementation of the project, the establishment of gasification projects in phases is planned. Phase I is based on low ash coal which is available in CIL. The mining giant shall take care of the mining of coal and marketing.

Image Source

Also read: Ministry of Coal records 28.33% YoY growth in Capex achievement

As a way to reinforce the commitment of the government towards green initiatives in the coal sector, Public Sector Undertaking (PSUs)- Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) to collaborate for coal gasification since the Ministry has targeted 100 million tonne (mt) by end of the decade. In a statement, the Ministry said that the Coal Ministry is aiming to have 100 mt coal gasification by the year 2030 via sustainable utilisation. Due to this the CIL took up four projects, announced in the Union Budget of 2022-23 to assist in the technical and financial viability of the projects. Experts have stated that for coal gasification and carbon capture the country should bank on indigenous technology for making it reliable as well as affordable. In August 2020, the Coal Minister, Pralhad Joshi told the media that the country aims the achievement of 100 mt coal gasification by 2030 with investments worth Rs four lakh crore. Establishing a plant is capital-intensive and needs a minimum of 48 months. With limited experience, ensuring the success of initial projects is crucial for the national mission. For the implementation of the project, the establishment of gasification projects in phases is planned. Phase I is based on low ash coal which is available in CIL. The mining giant shall take care of the mining of coal and marketing. Image Source Also read: Ministry of Coal records 28.33% YoY growth in Capex achievement

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?