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Home » News » Business
Business

Government Launches Scheme to Promote Coal Gasification Projects

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 27, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Government Launches Scheme to Promote Coal Gasification Projects
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The government has initiated the Scheme for Promotion of Surface Coal and Lignite Gasification Projects with a budget of Rs 37,500 crore. This scheme aims to gasify 100 million tonnes of coal by 2030, enhancing India’s energy security and reducing reliance on imports of commodities like LNG, urea, ammonia, and methanol. A roadshow organized by the Coal Ministry is set to advocate coal gasification as a cleaner and value-added method for utilizing India’s abundant coal and lignite resources.

The roadshow is part of the ministry’s efforts to boost the development of a sustainable coal gasification ecosystem in the country. It will convene policymakers, industry leaders, investors, and other stakeholders to discuss opportunities, partnerships, and the future direction of coal gasification in India. The Scheme is expected to attract investments of Rs 2.5–3 lakh crore, creating around 50,000 direct and indirect job opportunities through approximately 25 projects in coal-rich regions.

Under this initiative, the utilization of 75 million tonnes of coal and lignite is forecasted to generate an annual revenue of nearly Rs 6,300 crore, along with additional downstream revenue from GST and other taxes. Building on the National Coal Gasification Mission launched in 2021 and the previously approved Rs. 8,500 crore coal gasification schemes, the new scheme provides substantial backing for coal gasification projects in the country.

Ammonia Coal Gasification Ecosystem Coal Ministry Government GST India LNG Methanol National Coal Gasification Mission Urea
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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