New Delhi, May 13 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a scheme for the promotion of surface coal/lignite gasification projects with a financial outlay of Rs 37,500 crore.The scheme is projected to create around 50,000 (direct and indirect) jobs across 25 projects in coal-bearing regions, according to an official statement.In a significant accompanying reform, the government has also extended coal linkage tenure up to 30 years under the “Prod…
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New Delhi, May 11 (IANS) India’s fertiliser security remains strong and stable with the government having scaled up domestic production and imports to ensure availability consistently exceeds requirements of farmers across all major categories amid the Middle East crisis, a top official of the Department of Fertilisers said on Monday.The country currently holds a comfortable stock of 199.65 LMT, covering more than 51 per cent of the seasonal demand, which is a sharp increase from the usual buffe…
New Delhi, May 3 (IANS) The Centre is likely to approve a fresh package of financial incentives this month to boost coal gasification projects with an estimated outlay of over Rs 35,000 crore, according to reliable sources.The Cabinet proposal drawn up by the Ministry of Coal will scale up the earlier Rs 8,500 crore incentive programme approved in January 2024, which laid the foundation for coal gasification in India.The proposed scheme, to be taken up by the Union Cabinet, is aimed at accelerat…
Bhubaneswar, Feb 27 (IANS) Chief Minister Mohan Charan Majhi on Friday thanked Prime Minister Narendra Modi and Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal for approving the construction of a ₹797.17 crore dedicated jetty at Paradip Port to handle green hydrogen, ammonia and other liquid cargo.Taking to his X handle, CM Majhi said the project will position Odisha as a future-ready maritime economy and strengthen its role in the emerging green energy sector.“With a cap…
New Delhi, Jan 14 (IANS) The Confederation of India Industry (CII) on Wednesday urged the government to introduce Green Hydrogen mandates to spur demand and enable a vibrant green hydrogen economy.Greening mandates backed by incentives should be used to overcome the substantial cost gap between green hydrogen and grey hydrogen, the industry body said.”The proposed Green Hydrogen Blending could be introduced for sectors like refining, fertiliser and natural gas with cost-offset mechanisms.The sec…