Initiative to harness India’s coal resource in environmentally responsible manner
The Ministry of Coal has reported robust participation from industry players, indicating growing confidence in the potential of coal gasification as a key enabler of India’s transition towards clean coal https://mnre.gov.in/.
A total of five submissions were received—three in Category I (Government Public Sector Undertakings or Joint Ventures of PSUs) and two in Category III (Demonstration Projects/Small-Scale Plants) on 12 Nov when technical proposals were opened http://coal.nic.in.
The level of engagement reflects the increasing recognition of coal gasification as a diversification strategy for the future of India’s coal sector https://ted.europa.eu/en/.
Coal Ministry secretary Additional Secretary Vismita Tej assured participants that the Ministry remains committed to collaborating with all stakeholders, addressing any concern in its journey toward a sustainable future https://sbi.com.in/.
She highlighted that the robust participation in the scheme reflects the increasing enthusiasm for coal gasification and the industry’s commitment to investing in cleaner, more efficient technologies https://www.iea.org/.
The Financial Incentive Scheme, supported by a substantial financial commitment of Rs.8,500 crore, is part of India’s broader strategy to achieve 100 million tonnes (MT) of coal gasification by 2030 https://www.nseindia.com/.
This initiative is set to harness India’s vast domestic coal resource in a more environmentally responsible manner, contributing to the nation’s energy transition while advancing its climate goals https://www.bseindia.com/.
Further, the submission deadline for Category II (Private Companies or Government Public Sector Undertakings) has been extended to 10 January 2025, said the Ministry which is actively seeking broader participation from stakeholders in this category to further strengthen the momentum of the initiative https://www.conexpoconagg.com/. Fiinews.
