Promonique
Promonique
Home » News » Ministry of Coal releases draft RFPs for coal gasification projects in India

Ministry of Coal releases draft RFPs for coal gasification projects in India

March 7, 2024 3:52 pm

Ministry of Coal releases draft RFPs for coal gasification projects in India
.

Financial scheme offers grants to PSUs and private investors; stakeholder feedback invited until March 20.

 The Ministry of Coal has taken a significant step by issuing three draft Requests for Proposals (RFPs) to solicit feedback from interested Government PSUs and Private Investors for the establishment of coal gasification plants in India. This move comes in the wake of the Cabinet’s approval of a financial assistance scheme, allocating ₹ 8500 crores for incentives towards coal gasification projects, categorised into three categories.

Draft requests for proposals (RFPs) have been issued separately for each of the three categories. Category I allocates ₹4,050 crores to Government PSUs to support up to 3 projects, offering a lump-sum grant of ₹ 1,350 crores or 15 percent of the capital expenditure, whichever is lower. In Category II, ₹ 3,850 crores are earmarked for both the Private Sector and Government PSUs, providing each project with a lump-sum grant of ₹1,000 crores or 15 percent of the capital expenditure. Additionally, at least one project in this category will undergo a tariff-based bidding process. Category III includes ₹ 600 crores for Demonstration Projects and small-scale Gasification Plants, offering a lump-sum grant of ₹ 100 crores or 15 percent of the capital expenditure to entities with a minimum Capex of ₹ 100 Crore and minimum production of 1500 Nm3/hr Syn gas.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags: Coal
Power Talk
Webinar
Webinar
Android App
Android App
EPR eMagazine April 2024
EPR eMagazine April 2024
EPR eMagazine April 2024

Events

Middle East Energy Dubai
Middle East Energy Dubai
RenewX India
RenewX India
International Geotechnical Innovation Conference
International Geotechnical Innovation Conference
POWERGEN India
POWERGEN India
EL Asia
EL Asia
Global Energy Digitalisation Conclave
Global Energy Digitalisation Conclave
World battery and energy storage industry expo
World battery and energy storage industry expo
Green Hydrogen Summit
Green Hydrogen Summit
Windergy
Windergy

Our Sponsors

Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Doble Engineering
Doble Engineering
Allied Power Solutions
Allied Power Solutions
Nirmal
Nirmal
KEI Industries Limited
KEI Industries Limited
Maco Corporation India Pvt Ltd
Maco Corporation India Pvt Ltd
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Icon Solar-En Power
Icon Solar-En Power
Novasys
Novasys
Testo India
Testo India
Mecc-Alte India
Mecc-Alte India
Newtech Switchgear
Newtech Switchgear
Triveni Turbine ltd
Triveni Turbine ltd
Aeron Composite Pvt Ltd
Aeron Composite Pvt Ltd
Winsun
Winsun
A-1 ELECTRICALS
A-1 ELECTRICALS
Allied Moulded Enclosure Products
Allied Moulded Enclosure Products
ANUSHREE ELECTRICAL ENGINEERS
ANUSHREE ELECTRICAL ENGINEERS
Ashone Technologies
Ashone Technologies
Citroen Switchgears Pvt. Ltd.
Citroen Switchgears Pvt. Ltd.
Electrotherm
Electrotherm
KVTEK Power Systems
KVTEK Power Systems
MENNEKES Electric India
MENNEKES Electric India
Om Technical Solutions
Om Technical Solutions
PRAMA HIKVISION INDIA
PRAMA HIKVISION INDIA
Motwane Manufacturing
Motwane Manufacturing