Coal Gasification Projects to Be Promoted

  • Proposal was approved by the Cabinet chaired by Prime Minister Mr Narendra Modi.
  • The scheme for the promotion of Coal/Lignite Gasification Projects of Government PSUs and Private Sector.

Key Highlights:

  • Financial assistance for coal gasification projects.
  • In category I, for Government PSUs – up to 3 projects will be supported by providing lump-sum grant.
  • In category II, for private sector and Government PSUs – at least one project will be bid out on a tariff-based bidding process and its criteria will be designed in consultation with NITI Aayog.
  • In category III, for demonstration Projects (indigenous technology) and/or small-scale product-based Gasification Plants – grant will be given to an entity that has a minimum Capex of Rs. 100 Crore and minimum production of 1500 Nm3/hr Syn gas.
Posted in Current Affairs.