Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme for advancing India’s efforts toward clean energy and sustainable industrial growth.
Key Highlights
Selected Companies under Category II: The following companies were selected under Category II, which includes both private sector firms and PSUs
- Jindal Steel and Power Limited
- New Era Cleantech Solution Private Limited
- Greta Energy and Metal Private Limited
About Coal Gasification Financial Incentive Scheme
- Launch Year: 2024
- Total Financial Outlay: ₹8,500 crore
- Target: To achieve 100 million tonnes of coal gasification by 2030
- It encourages establishment of coal gasification plants by leveraging India’s domestic coal reserves to generate cleaner alternatives to conventional fuels
- For this while attracting participation from both private and public sector entities.