India, March 19 -- The Government of India issued the following news release:
The coal gasification initiatives taken by the Government are as under:
* On January 24, 2024 the Government has approved an outlay of rs 8,500 crore as financial incentive, for promotion of coal/lignite gasification projects for both government PSUs as well as private sector.
* Government has also approved investment by Coal India Limited (CIL) in joint ventures of CIL-BHEL and CIL-GAIL for undertaking coal gasification projects.
* In 2022, a new sub-sector, "Production of Syngas leading to coal gasification," was created under the NRS linkage auctions policy to support this initiative. Further under this sector the government has allowed auction with a floor...