Government's Rs 8,500 Crore Boost for Coal Gasification Projects
On 24th January, 2024, in a significant move towards energy independence and the promotion of indigenous technologies, the Union Cabinet approved a financial incentive scheme amounting to Rs 8,500 crore for coal gasification projects.
The scheme aligns with Prime Minister’s vision to gasify 100 million tonnes of coal by 2030.
Key Points
- Public Sector Utilities (PSUs): Rs 4,050 crore allocated for up to three projects, with a lump sum grant of Rs 1,350 crore or 15% of capex, whichever is lower.
- Government and Private Sector Projects: Rs 3,850 crore earmarked, offering a lump sum grant of Rs 1,000 crore or 15% of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Ecology & Environment
- 1 Teal Carbon Study Highlights Role of Wetlands in Climate Change Mitigation
- 2 South America Faces Record-Breaking Wildfires
- 3 India’s Transport Sector Could Cut Carbon Emissions by 71% by 2050
- 4 India Joins International Big Cat Alliance
- 5 Coral Survey Unveils New Marine Species
- 6 Critically Endangered Elongated Tortoise Spotted in Haryana
- 7 Manipur District Bans Hunting of Amur Falcons
- 8 Cabinet Approves Continuation of Wildlife Habitat Development Scheme
- 9 Two New Species of Cannibal Spiders Discovered
- 10 India Contributes One-Fifth of Global Plastic Pollution
