JSPL, Others Get ₹1,983 Crore from Govt for Coal Gasification Projects

The Indian government's allocation of ₹1,983.06 crore aims to promote coal and lignite gasification projects, enhancing energy security and reducing carbon emissions. Below are the details of each project, including their objectives and total investments: **1. Jindal Steel and Power Ltd (JSPL):** - **Financial Incentive:** ₹569.05 crore - **Total Investment:** ₹3,793 crore - **Location:** ଅନୁଗୋଳ, ଓଡ଼ିଶା - **Project Details:** JSPL is developing a 2 million tonnes per annum (MTPA) coal gasification plant designed to convert coal into Direct Reduced Iron (DRI). The facility will also incorporate a carbon capture and utilization system capable of capturing 30 tonnes per day (TPD) of CO₂ for conversion into valuable products. **2. New Era Cleantech Solution Pvt Ltd:** - **Financial Incentive:** ₹1,000 crore - **Total Investment:** ₹6,976 crore - **Location:** ଭଦ୍ରାବତୀ, ଚନ୍ଦ୍ରପୁର, ମହାରାଷ୍ଟ୍ର - **Project Details:** This project involves the establishment of a coal gasification plant aiming to produce 0.33 MTPA of Ammonium Nitrate and 0.1 MTPA of Hydrogen. Additionally, the facility will implement Carbon Capture, Utilization, and Storage (CCUS) technology, utilizing the captured CO₂ for methanol production. The proposed CO₂-to-methanol plant will have a capacity of 3,000 TPD (1.0 MTPA). **3. Greta Energy Ltd:** - **Financial Incentive:** ₹414.01 crore - **Total Investment:** ₹2,763 crore - **Location:** MIDC ଭଦ୍ରାବତୀ, ଚନ୍ଦ୍ରପୁର, ମହାରାଷ୍ଟ୍ର - **Project Details:** Greta Energy is setting up a coal gasification plant with the objective of producing 0.5 MTPA of Direct Reduced Iron (DRI). These initiatives are part of India's broader strategy to achieve 100 million tonnes of coal gasification by 2030, aiming to diversify energy sources and promote cleaner industrial processes. Source: https://www.zeebiz.com/companies/news-jspl-jindal-steel-and-power-2-others-get-rs-1983-crore-from-government-for-coal-gasification-projects-346724 https://coal.gov.in/sites/default/files/2025-02/Pib1425.pdf