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Planned: Rs.4 lakh crore for coal gasification by 2030

Fiinews by Fiinews
September 1, 2020
in Investment, Projects
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CIL plans three gasification plants

India is investing Rs.4 lakh crore on gasification of 100 million tonnes of coal by 2030, Coal and Mines Minister Pralhad Joshi told a webinar on 31 Aug 2020.

Coal Gasification and Liquefaction is no more an aspiration, but a requirement, he stressed, pointing out that the government provides a 20% concession on revenue share on use of gasified coal.

This will boost production of synthetic natural gas, energy fuel, urea for fertilisers and production of other chemicals, said Joshi at the webinar organised by Ministry of Coal (MoC) in New Delhi and attended by around 700 delegates from the Government, Coal India Ltd (CIL) and the coal sector.

Reiterating on government’s commitments for green initiatives in the coal sector, Joshi said that Coal Gasification and Liquefaction are well in the government’s agenda and various actions have been taken for the development of Surface Coal Gasification in India.

A Steering Committee has been constituted in this regard under the chairmanship of Dr. V.K. Saraswat, Member, NITI Aayog comprising of members from the Ministry of Coal.

CIL has also planned to set up at least 3 gasification plants (besides Dankuni) on a BOO basis through global tendering and has signed an MOU with GAIL for marketing synthetic natural gas.

Joshi told the industry to explore more about technologies and other aspects of Coal Gasification as it would help harness reserves for maximum utilization. #coal #energy #gasification #liquifaction #investments #manufacturing /fiinews.com

Tags: Ministry of Coal
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