New Delhi, Nov. 10 -- The government on Tuesday said that it has received two applications from power major NTPC Ltd in the second round of the Rs 37,500 crore coal and lignite gasification incentive scheme.
"In a significant step towards advancing the objectives of the Scheme, the Ministry of Coal today announces the conclusion of round 2, with two applications received from NTPC Ltd," the coal ministry said in a statement. The applications propose the production of urea, methanol, and dimethyl ether (DME), underscoring coal gasification's potential to enable domestic manufacturing of key industrial products and broaden the use of India's indigenous resources.
The government also announced the launch of the third round of the scheme with effect from Tuesday, providing another opportunity for eligible entities to submit proposals for setting up coal and lignite gasification projects in the country. The last date for submission of applications under the third round is January 11, 2027.
The development assumes significance in the wake of the government's Atmanirbhar Bharat push, as coal gasification offers a pathway to convert the country's abundant coal reserves into fertilisers, chemicals and fuels while curbing foreign exchange outflows.
Through successive rounds, the government aims to encourage wider industry participation, attract investments and accelerate the adoption of coal gasification technologies, contributing towards the national target of achieving 100 million tonnes of coal gasification capacity by 2030.
In May, the Union Cabinet had approved the scheme for promotion of surface coal/lignite gasification projects on May 13, with a total financial outlay of Rs 37,500 crore, to accelerate the development of surface coal and lignite gasification projects in
the country.
Published by HT Digital Content Services with permission from Millennium Post.