Coal Ministry signs CGPDPA with Category II applicants under Coal Gasification Financial Incentive Scheme
The Ministry of Coal signed the Coal Gasification Plant Development and Production Agreement with Jindal Steel and Power, New Era Cleantech Solution and Greta Energy and Metal under Category II of the Coal Gasification Financial Incentive Scheme on 8 May 2025.
Summary
The Ministry of Coal signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) on 8 May 2025 with the selected Category II applicants of the Coal Gasification Financial Incentive Scheme: Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited and Greta Energy and Metal Private Limited. Category II covers both private companies and government PSUs. The scheme, launched on 24 January 2024 with an outlay of ₹8,500 crore, aims at 100 million tonnes of coal gasification by 2030.
Key facts
- Signed
- 8 May 2025
- Agreement
- Coal Gasification Plant Development and Production Agreement (CGPDPA)
- Category II applicants
- Jindal Steel and Power; New Era Cleantech Solution; Greta Energy and Metal
- Scheme launched
- 24 January 2024
- Outlay
- ₹8,500 crore
- Target
- 100 MT coal gasification by 2030
Practice MCQs 2 questions
What is the total outlay of the Financial Incentive Scheme for Coal Gasification launched in January 2024?
Show answer
Correct answer: A — ₹8,500 crore
The scheme, launched on 24 January 2024, has a total outlay of ₹8,500 crore.
Consider the following statements about the Coal Gasification Financial Incentive Scheme: 1. It aims to achieve 100 million tonnes of coal gasification by 2030. 2. It was launched on 24 January 2023. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. The scheme was launched on 24 January 2024.