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Cabinet clears Rs 8,500 cr incentive scheme for coal gasification projects

The adoption of gasification technology in India is expected to reduce the country's reliance on imports of natural gas, methanol, ammonia and other essential products

Coking Coal

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Press Trust of India New Delhi

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The Union Cabinet on Wednesday approved a Rs 8,500 crore incentive scheme for coal gasification projects, sources said.

The adoption of gasification technology in India is expected to reduce the country's reliance on imports of natural gas, methanol, ammonia and other essential products.

The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme for coal gasification projects, the sources said.

The government is targeting to gasify 100 million tonnes (MT) of coal by 2030.

In gasification process, coal is partially oxidised by air, oxygen, steam, or carbon dioxide under controlled conditions to produce a liquid fuel known as syngas. Syngas or synthesis gas can be used for power generation and to make methanol as well.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 24 2024 | 4:49 PM IST

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