Coal Ministry signs Coal Gasification Plant Development and Production Agreement
The 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 in a significant approach towards clean and sustainable energy.
This category includes projects under both private sector companies and government PSUs.
The selected applicants under Category II are:
Jindal Steel and Power Limited
New Era Cleantech Solution Private Limited
Greta Energy and Metal Private Limited
The Financial Incentive Scheme for Coal Gasification has a capex of Rs 8,500 crore. It aims to achieve 100 million tonnes of coal gasification by 2030, leveraging India’s abundant domestic coal reserves to promote sustainable industrial development.
It encourages participation from both public and private sector players to establish coal gasification projects across the country.
This initiative is a key component of India’s clean coal transition strategy. It is expected to reduce environmental impact, enhance energy security, and drive economic growth through technological innovation and infrastructure development.
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