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Projects: Govt bringing private players for increasing coal sector output

Fiinews by Fiinews
February 17, 2024
in Projects
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Gasification discussed at Coal Industry Interaction. gasification.

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CIL committed to innovation and sustainability, says Prasad

Amrit Lal Meena, Secretary (Coal), has explained the importance of Coal in India’s energy security, and the Indian Government’s efforts to bring in private players which, has so far, led to an increase in domestic coal production, and a substantial decrease in coal imports, from 26% in 2019 to 19% (expected) this year.

Speaking at the Coal Ministry’s ‘Industry Interaction on Coal Gasification’ in Hyderabad, he emphasized the importance of coal and lignite gasification projects in India’s energy transition.

Reiterating the government’s unwavering support through initiatives such as easier land availability, financing and incentives that promote cleaner coal technologies and enhance energy security, he called on everyone present to invest in the technology towards a greener and cleaner future.

The event served as a platform to highlight the government’s scheme for the promotion of coal gasification projects, emphasizing their pivotal role in India’s energy landscape and economic development.

Speaking at the occasion, M. Nagaraju, Additional Secretary & Nominated Authority of Coal Ministry, provided insights into the importance and potential of gasification projects in meeting the nation’s energy needs while addressing environmental concerns.

Coal India Ltd (CIL) Chairman PM Prasad elaborated on CIL’s proactive initiatives and endeavours in the realm of gasification.

He highlighted CIL’s commitment to innovation and sustainability, underscoring the company’s role as a key player in driving the transition towards cleaner energy solutions.

He highlighted the opportunities in coal gasification and called on interested players having the technological capacity to partner with CIL towards building a cleaner future and help achieve the net zero target by 2070.

Industry experts gave presentations on various topics following the Keynote address. During these presentations, experts spoke on the opportunities in coal gasification; R&D efforts, Blue Hydrogen Coal Gasification linked with Carbon Sequestration; High Ash Coal Gasification and Upscaling R&D in High Ash Coal Gasification.

Industry submitted their views on the scheme which was acknowledged by the Coal Ministry, who assured to put RFP for the scheme in the public forum for stakeholders’ comments/feedback shortly.

In his concluding remarks, Meena further underscored the Ministry of Coal’s proactive approach to fostering partnerships, driving innovation, and leveraging sustainable practices in the coal sector.

He requested all the industry stakeholders to come forward and participate in the RFP process and share their valuable inputs, to make the process transparent and open.

The event showcased the government’s commitment to fostering innovation and sustainability in the coal sector.

Through strategic initiatives and policy frameworks, the Coal Ministry aims to catalyze investments and technological advancements in coal gasification projects, aligning with India’s vision for a cleaner and energy-efficient future. Fiinews.com

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