New Delhi, 29 May 2026: During his keynote address at the Roadshow on Promotion of Surface Coal & Lignite Gasification Projects, Hon’ble Union Minister of Coal and Mines Shri G Kishan Reddy described Coal Gasification as the need of the hour for strengthening India’s energy security, industrial growth, Aatmanirbhar Bharat and the vision of Viksit Bharat under the leadership of Hon’ble Prime Minister Shri Narendra Modi.
He stated that the Rs 8,500 crore Incentive Scheme launched in 2024 had received an encouraging response, and building on this momentum, the Union Cabinet has now approved a larger incentive support of Rs 37,500 crore expected to mobilise investments of nearly Rs 2.5 lakh crore, generate significant employment opportunities and create a new industrial value chain in the country.
Shri Reddy emphasised that Coal Gasification will help create reliable domestic feedstock for fertilizers, chemicals, petrochemicals, hydrogen and transport fuels while reducing import dependence, enhancing energy security and strengthening India’s industrial resilience amid evolving global economic conditions and changing supply chain dynamics.
He further highlighted that the scheme remains technology-agnostic, allowing project developers to bring commercially proven technologies from any part of the world without restrictions, and called upon Ministries, State Governments, industry leaders, startups, researchers and technology partners to actively participate in advancing India’s clean coal conversion ecosystem and the vision of Viksit Bharat.
