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regular-article-logo Sunday, 26 May 2024

Ministry of coal issues draft RFPs to seek feedback for establishment of coal gasification plants in India

Interested government PSUs and private investors can provide their feedback and suggestions until March 20

Our Special Correspondent New Delhi Published 07.03.24, 09:22 AM
Representational image

Representational image File picture

The ministry of coal has issued three draft requests for proposals (RFPs) to seek feedback from interested government PSUs and private investors for the establishment of coal gasification plants in India.

The stakeholders can provide their feedback and suggestions until March 20.

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Category I of the scheme allocates Rs 4,050 crore to the PSUs to support up to 3 projects, offering a lump-sum grant of Rs 1,350 crore or 15 per cent of the capital expenditure, whichever is lower.

In Category II, Rs 3,850 crore is earmarked for both the private sector and PSUs, providing each project with a grant of Rs 1,000 crore or 15 per cent of the capital expenditure. Category III includes Rs 600 crore for demonstration projects and small-scale gasification plants, offering a lump-sum grant of Rs 100 crore or 15 per cent of the capex

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