Coal Gas

Coal gasification projects: Govt gives LoAs to 4 entities for incentives

The government on Thursday gave letters of award to four entities, including BCGCL- a joint venture of CIL-BHEL - for availing fiscal incentives totalling Rs 4,150 crore for setting up coal gasification projects. Letters of Award (LoAs) have been given to CIL-BHEL , a consortium of CIL-GAIL , Coal India Ltd and New Era Cleantech Solution Pvt Ltd. "Ministry of Coal has reached a significant milestone in India's Coal Gasification Initiative with the issuance of LoAs to the selected applicants under Categories I and III of the Rs 8,500 crore Coal Gasification Incentive Scheme," the coal ministry said in a statement. BCGCL has been awarded Rs 1,350 crore of financial incentive under the scheme for its coal gasification project in Lakhanpur, Odisha. With a total investment of Rs 11,768 crore, the project aims to produce 0.66 million tonne per annum of ammonium nitrate. The CIL-GAIL joint venture project in Sonepur Bazari, West Bengal, has been awarded Rs 1,350 crore. This project, costi

Gasification projects to help in economic development of coal regions: Govt

The government on Wednesday said that coal gasification projects will help in socio-economic development of coal bearing regions as well as in boosting the country's energy security. Addressing a road show here to promote coal/lignite gasification projects, additional secretary in the coal ministry M Nagaraju called for investments in technology towards a greener and cleaner future. This was the second road show organised by the coal ministry on coal and lignite gasification projects after the first one held in Hyderabad on February 16. The event here was attended by key stakeholders, including policy makers, EPC agencies, PMC consultants and. They discussed the opportunities and hurdles associated with coal and lignite gasification projects. According to an official release, the road show served as a platform to highlight the government's scheme for the promotion of coal/lignite gasification projects, emphasising their key role in India's energy landscape and economic ...

India will have surplus domestic coal by FY26: Coal minister Joshi

The Union Cabinet on Wednesday approved Rs 8,500 crore financial incentives for coal gasification projects in three categories

ONGC seeks premium over govt price for coal seam gas in Jharkhand

State-owned Oil and Natural Gas Corporation (ONGC) is seeking a premium over the government gas price for the gas it plans to produce from coal seams in Jharkhand. ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years. Users have been asked to quote a premium they are willing to pay over and above the monthly domestic natural gas price that the Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) notifies, the tender document showed. PPAC every month declares a price for the majority of domestically produced natural gas. This price is 10 per cent of the monthly average of the basket of crude oil that India imports. For the month of January, this price comes to USD 7.82 per million British thermal unit. This price in the ONGc tender has been marked as reserve gas price. While the government sets price for two-thirds of the gas produced in the country, CBM gas enjoys .

China's appetite for commodities is wavering after years of growth

Energy imports in particular plunged in June, capping a weak first half that may foreshadow a rare annual decline in purchases across many commodities

ONGC seeks minimum $17 price for coal gas from Bokaro block in Jharkhand

ONGC invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end

Coal gas can help lower import bill by $10 billion in 5 years: Coal Secy

Govt is planning to come up with a series of pilot projects in areas like coal gasification