India, Feb. 4 -- The Government of India issued the following news release:
The Ministry of Coal has announced the selected applicants under Category-II of the Financial Incentive Scheme, a major step in India's ambitious coal gasification program. With an rs 8,500 crore financial outlay, the scheme is designed to accelerate coal gasification, reduce carbon emissions, enhance energy security, and promote sustainable development.
Launched on January 24, 2024, the scheme encourages both private companies and government PSUs to undertake coal gasification projects. The Request for Proposals for Category-II was issued on May 15, 2024, and technical bids were opened on January 10, 2025. The Selected Applicants, for receiving Financial Incentiv...