India's Cabinet is poised to approve a landmark ₹37,500 crore incentive scheme targeting coal gasification projects. This unified scheme represents a significant shift in energy strategy, offering up to ₹3,000 crore per project compared to previous caps of ₹1,000 to ₹1,350 crore. The initiative aims to achieve 100 million tonnes of coal gasification capacity by 2030 while reducing dependence on imported LNG, urea, and coking coal. With geopolitical tensions disrupting global energy supplies, India is leveraging its 401 billion tonne coal reserves to strengthen energy security and support domestic chemical production. The scheme underscores the government's commitment to converting domestic coal into strategic fuels and chemicals while building a more resilient energy infrastructure.
