The Ministry of Coal has signed a significant agreement with Coal Gas India Limited (CGIL) to develop a Coal Gasification Plant in West Bengal, marking a major step towards cleaner energy and self-reliance. Here are the key details:
Project Overview: CGIL, a joint venture between Coal India Limited (CIL) and GAIL, will produce Synthetic Natural Gas (SNG) through coal gasification.
Financial Assistance: The Ministry of Coal is providing ₹1,350 crore in financial assistance under Category I of the Incentive Scheme for Coal Gasification.
Objectives
– Diversify coal usage
– Reduce import dependence
– Advance sustainable energy technologies
This initiative showcases India’s commitment to cleaner energy and sustainable development. The coal gasification project is expected to contribute significantly to the country’s energy sector, promoting self-reliance and reducing environmental impact.
India’s Energy Sector
India’s focus on cleaner energy is evident in its growing investments in renewable energy sources and sustainable technologies. The construction equipment market, valued at $14.3 billion in 2024, is also expected to benefit from this shift, with a projected growth rate of 7.6% from 2025 to 2033.
Key Players
– Coal India Limited (CIL)
– GAIL
– Coal Gas India Limited (CGIL)
– Ministry of Coal
This development is a significant step towards achieving India’s energy goals and promoting sustainable growth.