Govt Awards 41.5 Billion for Coal Gasification Projects

13 Dec 2024 CW Team

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).

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..