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Coal/Lignite Gasification Scheme

Sector: LNG • Location: India

Source: Hindustan Times

Project
Awarded

The Union cabinet approved a coal/lignite gasification scheme with a financial outlay of ₹37,500 crore to incentivize new surface coal/lignite gasification projects for production of syngas and its downstream products. The scheme targets gasification of approximately 75 million tonnes of coal/lignite and aims to strengthen energy security by reducing dependence on imports of key products such as L

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The project “Coal/Lignite Gasification Scheme” is an infrastructure initiative in the LNG sector, located in India. Taiyo aggregates data on it from Hindustan Times.

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Description

Description

The Union cabinet approved a coal/lignite gasification scheme with a financial outlay of ₹37,500 crore to incentivize new surface coal/lignite gasification projects for production of syngas and its downstream products. The scheme targets gasification of approximately 75 million tonnes of coal/lignite and aims to strengthen energy security by reducing dependence on imports of key products such as LNG, urea, ammonia, and methanol. Financial incentives will be provided up to 20% of the cost of plant and machinery through a competitive bidding process. The scheme is projected to create around 50,000 direct and indirect jobs across 25 projects in coal-bearing regions.

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High

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