Union Cabinet Approves Rs.37,500 crore Scheme for Coal/Lignite Gasification
The Union Cabinet, chaired by Prime Minister Narendra Modi, has greenlit a substantial financial initiative to promote surface coal and lignite gasification projects, allocating Rs.37,500 crore to enhance domestic syngas production and decrease import reliance on vital industrial commodities. The plan is anticipated to aid India in achieving its goal of gasifying 100 Million Tonnes of coal by 2030 and contribute significantly to national energy security while generating approximately 50,000 new jobs. Moreover, the scheme supports the adoption of advanced indigenous technology to bolster domestic gasification capabilities.
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