Coal Ministry Signs CGPDPA with
Selected Applicants under Category II of the Coal Gasification Financial Incentive
Scheme
In
a significant step toward promoting cleaner energy alternatives, the Ministry of
Coal has signed the Coal Gasification Plant Development and Production Agreement
(CGPDPA) with selected applicants under Category II of the Coal Gasification Financial
Incentive Scheme. This category includes projects under both private sector companies
and government PSUs.
The
signing ceremony was conducted in the august presence of Sanoj Kumar Jha, Additional
Secretary, Ministry of Coal, along with Asheesh Kumar, OSD (Technical), and BK Thakur,
Director (Technical), Ministry of Coal.
The
selected applicants under Category II are:
·
Jindal
Steel and Power Limited
·
New
Era Cleantech Solution Private Limited
·
Greta
Energy and Metal Private Limited
Launched
on January 24, 2024, the Financial Incentive Scheme for Coal Gasification has a
total outlay of ₹8,500 crore. The scheme aims to achieve 100 million tonnes
of coal gasification by 2030, leveraging India’s abundant domestic coal reserves
to promote sustainable industrial development. It encourages participation from
both public and private sector players to establish coal gasification projects across
the country.
This
initiative is a key component of India’s clean coal transition strategy. It is expected
to reduce environmental impact, enhance energy security, and drive economic growth
through technological innovation and infrastructure development.