In a significant step toward advancing cleaner energy technologies, the Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of its Coal Gasification Financial Incentive Scheme.
The agreements were formalized in the presence of senior officials from the Ministry of Coal, including Sanoj Kumar Jha, Additional Secretary; Asheesh Kumar, OSD (Technical); and BK Thakur, Director (Technical).
The selected entities under Category II include:
Jindal Steel and Power Limited
New Era Cleantech Solution Private Limited
Greta Energy and Metal Private Limited
These projects span both private sector companies and public sector undertakings (PSUs), highlighting the government’s commitment to collaborative development in the energy sector.
Launched on January 24, 2024, the Financial Incentive Scheme for Coal Gasification has a total outlay of ₹8,500 crore. The initiative aims to achieve 100 million tonnes of coal gasification by 2030, leveraging India’s abundant coal reserves to create a cleaner, more sustainable energy future.
The scheme encourages both public and private investment in coal gasification technologies, which convert coal into cleaner forms of energy such as syngas, reducing the environmental footprint of coal usage.
“This marks a critical step in India’s energy transition, aligning with our long-term vision of sustainability, self-reliance, and technological innovation,” a senior official from the Ministry stated.
Coal gasification is seen as a pivotal component in India’s clean coal strategy, aiming to reduce dependency on imported fuels, lower emissions, and stimulate industrial development through infrastructure growth and innovation.
