Cabinet approves ₹37,500 crore scheme to promote surface coal/lignite gasification projects targeting 100 MT gasification by 2030.
Scheme provides 20% incentive on plant machinery cost with individual project cap of ₹5,000 crore and entity group cap of ₹12,000 crore.
Expected to mobilize ₹2.5-3.0 lakh crore investment, create 50,000 jobs, and substitute imports worth ₹2.77 lakh crore annually.
Coal linkage tenure extended to 30 years for gasification projects under Non-Regulated Sector linkage auction framework.