+
Govt Awards 41.5 Billion for Coal Gasification Projects
COAL & MINING

Govt Awards 41.5 Billion for Coal Gasification Projects

The Indian government has granted fiscal incentives totaling Rs 41.5 billion to four entities under its Coal Gasification Initiative. The Letters of Award (LoAs) were issued to BCGCL (a CIL-BHEL joint venture), a CIL-GAIL consortium, Coal India Ltd, and New Era Cleantech Solution Pvt Ltd.

Milestone for Coal Gasification Scheme The initiative is part of the Rs 85 billion Coal Gasification Incentive Scheme. These projects aim to advance coal-based gasification technologies while contributing to energy transition efforts.

Highlights of Approved Projects BCGCL Project in Odisha

Incentive: Rs 13.5 billion Total Investment: Rs 117.68 billion Production Target: 0.66 million tonnes of ammonium nitrate annually. CIL-GAIL Project in West Bengal

Incentive: Rs 13.5 billion Total Investment: Rs 130.53 billion Output: 1.83 million metric standard cubic meters per day (MMSCMD) of synthetic natural gas (SNG). Coal India Ltd Project in Maharashtra

Incentive: Rs 13.5 billion Total Investment: Rs 122.15 billion Output: 1.83 MMSCMD of SNG. New Era Cleantech Solution in Maharashtra

Incentive: Rs 1 billion Total Investment: Rs 6.67 billion Output: 18,000 tonnes of ethanol annually, with carbon capture of 20,144 metric tonnes of CO2 per year. Driving Energy Innovation The Ministry of Coal emphasized the transformative potential of these projects, especially in reducing carbon emissions through advanced technologies such as Carbon Capture, Utilization, and Storage (CCUS).

The Indian government has granted fiscal incentives totaling Rs 41.5 billion to four entities under its Coal Gasification Initiative. The Letters of Award (LoAs) were issued to BCGCL (a CIL-BHEL joint venture), a CIL-GAIL consortium, Coal India Ltd, and New Era Cleantech Solution Pvt Ltd. Milestone for Coal Gasification Scheme The initiative is part of the Rs 85 billion Coal Gasification Incentive Scheme. These projects aim to advance coal-based gasification technologies while contributing to energy transition efforts. Highlights of Approved Projects BCGCL Project in Odisha Incentive: Rs 13.5 billion Total Investment: Rs 117.68 billion Production Target: 0.66 million tonnes of ammonium nitrate annually. CIL-GAIL Project in West Bengal Incentive: Rs 13.5 billion Total Investment: Rs 130.53 billion Output: 1.83 million metric standard cubic meters per day (MMSCMD) of synthetic natural gas (SNG). Coal India Ltd Project in Maharashtra Incentive: Rs 13.5 billion Total Investment: Rs 122.15 billion Output: 1.83 MMSCMD of SNG. New Era Cleantech Solution in Maharashtra Incentive: Rs 1 billion Total Investment: Rs 6.67 billion Output: 18,000 tonnes of ethanol annually, with carbon capture of 20,144 metric tonnes of CO2 per year. Driving Energy Innovation The Ministry of Coal emphasized the transformative potential of these projects, especially in reducing carbon emissions through advanced technologies such as Carbon Capture, Utilization, and Storage (CCUS).

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?