Ministry Issues Letter Of Award For Coal Gasification Project

30 Apr 2026 CW Team

An LoA was awarded to Kartikay Vayunandana Private Limited to establish a coal-to-acetic-acid small-scale plant at Gadchiroli in Maharashtra. The project involves an investment of Rs 793 crore (Rs 7,930 mn) and is planned to produce acetic acid with an installed capacity of 75,900 tonne (t) per annum, representing a step towards downstream chemical manufacture from indigenous feedstock. The facility is positioned as a product-based demonstration that could inform wider adoption of gasification technologies.

The scheme continues to gain momentum, with seven projects under implementation from Round One and Requests for Proposals for Round Two issued under Category Two and Category Three to accelerate investment. Category Three provides support for demonstration and small-scale product plants, with financial assistance of up to Rs 100 crore (Rs 1,000 mn) per project or 15 per cent of the capital expenditure, whichever is lower. The provisions are intended to lower project risk and stimulate innovation in gasification routes and downstream processing.

The ministry indicated the project is expected to boost indigenous production of downstream chemicals, reduce import dependence and strengthen the drive for Atmanirbhar Bharat. Officials said the award reinforces the government commitment to building a more sustainable industrial ecosystem through cleaner and more efficient utilisation of coal resources. The programme is presented as part of a broader policy push to convert domestic coal reserves into higher value products.

The Ministry of Coal has issued a Letter of Award under Category III of Round Two of the Rs 8,500 crore Financial Incentive Scheme for Promotion of Coal and Lignite Gasification Projects, marking a major milestone in advancing the national coal gasification mission. The scheme, valued at Rs 8,500 crore (Rs 85,000 mn), seeks to encourage product-oriented gasification and demonstration projects to enable value added utilisation of domestic coal resources. An LoA was awarded to Kartikay Vayunandana Private Limited to establish a coal-to-acetic-acid small-scale plant at Gadchiroli in Maharashtra. The project involves an investment of Rs 793 crore (Rs 7,930 mn) and is planned to produce acetic acid with an installed capacity of 75,900 tonne (t) per annum, representing a step towards downstream chemical manufacture from indigenous feedstock. The facility is positioned as a product-based demonstration that could inform wider adoption of gasification technologies. The scheme continues to gain momentum, with seven projects under implementation from Round One and Requests for Proposals for Round Two issued under Category Two and Category Three to accelerate investment. Category Three provides support for demonstration and small-scale product plants, with financial assistance of up to Rs 100 crore (Rs 1,000 mn) per project or 15 per cent of the capital expenditure, whichever is lower. The provisions are intended to lower project risk and stimulate innovation in gasification routes and downstream processing. The ministry indicated the project is expected to boost indigenous production of downstream chemicals, reduce import dependence and strengthen the drive for Atmanirbhar Bharat. Officials said the award reinforces the government commitment to building a more sustainable industrial ecosystem through cleaner and more efficient utilisation of coal resources. The programme is presented as part of a broader policy push to convert domestic coal reserves into higher value products.

Products

15 Jun 2026

Durakraft Highlights Monsoon-Ready Window Solutions

Durakraft Extrusions has underscored the importance of high-performance uPVC windows in creating healthier and more comfortable indoor environments during the monsoon season, when excess moisture, dampness and limited ventilation can affect living conditions.According to the company, selecting the appropriate window systems can help minimise water ingress, improve airflow and maximise natural light, contributing to better indoor air quality and overall comfort. As homes face challenges associated with prolonged rainfall and humidity, weather-resistant fenestration solutions are becoming increa..

Real Estate

15 Jun 2026

SPRE Launches Private Estates at Treetopia

Shapoorji Pallonji Real Estate (SPRE) has launched Private Estates at Treetopia, introducing a limited collection of large-format estate plots within its 105-acre plotted development in Pune Growth Corridor.The launch follows the response to the first two phases of Treetopia and caters to homebuyers seeking expansive land ownership, privacy and the flexibility to build bespoke residences. The estate plots are located in the foothills overlooking a private 25-acre natural lake and are priced from Rs 15.1 million, all-inclusive.Situated close to the proposed Purandar International Airport, the p..

Infrastructure Energy

15 Jun 2026

Statcon Energiaa Partners with Ram Raja Solar

Statcon Energiaa has signed a Memorandum of Understanding (MoU) with Ram Raja Solar Power Green Energy to strengthen the deployment of large-capacity Battery Energy Storage Systems (BESS) and hybrid inverter solutions across Uttar Pradesh.The partnership brings together Statcon Energiaa's expertise in power electronics and energy storage with Ram Raja Solar's project execution capabilities to improve access to solar-plus-storage solutions in the state.According to the companies, the collaboration will enable faster availability of high-capacity BESS and hybrid inverter systems through reduced ..