BackECONOMY
Cabinet to soon approve ₹37,500 crore incentive scheme to promote coal gasification projects
The Cabinet is likely to approve soon a ₹37,500 crore incentive scheme to promote coal gasification projects, with the Coal Ministry having prepared a Cabinet note. The scheme aims to boost clean energy production and reduce import dependence.
Why It Matters
If approved, the scheme could advance cleaner energy production and reduce reliance on coal imports, influencing energy policy and industrial activity.
Timeline
1 Event
May 3, 2026 article reports Cabinet likely to approve ₹37,500 crore coal gasification incentive scheme
May 03, 2026
An article published on May 3, 2026 reported that the Cabinet is likely to approve soon a ₹37,500 crore incentive scheme to promote coal gasification projects. It noted that the scheme would have a financial outlay of ₹37,500 crore, and that the Coal Ministry has prepared a Cabinet note on the scheme, aiming to boost clean energy production and reduce import dependence.