Powering Up Coal: Adani, NTPC Lead ₹37,500-Crore Gasification Race

The Centre’s Rs 37,500-crore coal gasification incentive scheme attracted seven proposals from five companies—including Adani Enterprises and NTPC—in its inaugural round. Additional applicants feature Talcher Fertilisers with a urea plant proposal and Shyam Sel & Power targeting a syngas project. The initiative supports India's goal to achieve 75 million tonnes (MT) of gasification capacity by 2030 (part of a broader 100 MT target), aiming to catalyze Rs 2.5-3 lakh crore in investments. By converting domestic coal and lignite into syngas, methanol, ammonia, urea, and hydrogen, the program seeks to curb imports of LNG and industrial feedstocks.

News by Rahul Yelligetti.