TFP Bureau, New Delhi, February 4, 2025: In a significant move towards advancing India’s coal gasification mission, the Ministry of Coal has announced the selected applicants under Category-II of its Financial Incentive Scheme. With a total financial outlay of ₹8,500 crore, the initiative aims to accelerate coal gasification, reduce carbon emissions, strengthen energy security, and promote sustainable development.
Launched on January 24, 2024, the scheme invites both private sector companies and government PSUs to undertake coal gasification projects. The Request for Proposals (RFP) for Category-II was issued on May 15, 2024, and technical bids were opened on January 10, 2025. The selected applicants for financial incentives under this category are:
- Jindal Steel and Power Limited
- New Era Cleantech Solution Pvt. Ltd.
- Greta Energy Limited
This initiative is a crucial step in India’s goal of achieving 100 million tonnes of coal gasification by 2030. The strong participation from the industry reflects growing interest and momentum in coal gasification technologies, marking a significant shift towards cleaner coal utilization.
The successful completion of the bidding process reinforces the Ministry of Coal’s vision for a more sustainable and energy-efficient coal sector, contributing to India’s broader environmental and economic objectives.
