India approves 3.9 billion dollar coal gasification push
India approved a 3.9 billion dollar scheme to boost coal gasification and reduce fuel imports. The plan aims to gasify 75 million tons of domestic coal annually.
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India approved a 375 billion rupee ($3.92 billion) incentive scheme on May 13 to accelerate coal gasification projects. The initiative aims to convert domestic coal into synthetic gas to reduce the nation's dependence on expensive energy imports. This shift targets a long-term reduction in LNG and petrochemical import costs while leveraging India’s massive coal reserves.
