India's Massive Incentive Scheme for Coal Gasification Projects
The Union Cabinet just Greenlit this massive incentive scheme. Thirty-seven thousand five hundred crore rupees. It’s all about pushing coal gasification projects. A big move, trying to cut down on how much India relies on imported fuels and chemicals. It’s supposed to shore up energy security, obviously. Make domestic manufacturing stronger. Keep the economy insulated from those global price shocks.
Ashwini Vaishnaw, the Union Minister, was the one announcing it. He said this could pull in nearly three lakh crore in investment. And it targets gasifying seventy-five million tonnes of coal right away. The long game? They’re aiming for one hundred million tonnes of gasification capacity by 2030.
“We all know the current geopolitical situation,” Vaishnaw commented after the Cabinet meeting with Modi chairing it. “So we have to take all the decisions to become Atma Nirbhar .”
What is this gasification stuff? It’s a process. You take coal or lignite and turn it into synthetic gas, syngas. Then you use that for fuels and industrial chemicals. Think methanol, ammonia, hydrogen, fertilizers. It’s cleaner than just burning the coal directly. Way more efficient.
The government sees this tech as key. A way to actually use the massive coal reserves India has domestically. Stop depending on expensive imports.
Right now, the dependency is huge. India imports over half of its LNG needs. Nearly all the ammonia. And about eighty to ninety percent of the methanol.
The import bill itself is staggering. For things like LNG, methanol, ammonia, urea, and coking coal, it hit nearly two point seven seven lakh crore in the last fiscal year. Officials point to the mess in West Asia. That exposure of risk when relying on overseas supplies.
And the coal itself. India has mountains of it. Four hundred and one billion tonnes, enough for almost two hundred years. Coal is central to the energy mix, too. It makes up over fifty-five percent of everything.
By doing this conversion domestically, they hope to stop that foreign exchange bleeding. Improve self-reliance in these critical areas. Build a domestic chain for fuels, fertilizers, and chemicals.
The incentive structure is tied to this. Companies setting up these gasification plants get a boost. Up to twenty percent off the cost of the plant and machinery. But this isn't just a handout. The support will be phased. Linked to project milestones.
They expect this whole initiative to kick off serious economic activity. Create a long-term domestic supply chain. For everything from fuel to fertilizer to chemicals. It’s complicated. It’s happening fast.
Written by Gree News Team — Senior Editorial Board
Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.
More from India
View All
Political Speculation and Internal Turmoil within the TMC
Fresh visuals surfaced of Sushmita Dev meeting Assam Chief Minister Himanta Biswa Sarma. That kind of thing just kicks the speculation into high gear about her next move. It’s all about her potential entry into the BJP, right? This happened right after she stepped down from Rajya Sabha and walked ou
Jun 10, 2026 by Gree News Team
Threats and Intimidation Against Former Judge Justice Gautam Patel
Chief Justice Surya Kant stepped in on the matter involving threats and intimidation aimed at former Bombay High Court judge Justice Gautam Patel. This happened while he was visiting the UK, raising the issue with India’s High Commissioner there. It came out of a report by The Times of India. The wh
Jun 10, 2026 by Gree News Team
The Political Feud: Shivakumar vs. Kumaraswamy and the Vokkaliga Rivalry
A meeting that hasn't even happened is already sparking political sparring. Karnataka Chief Minister DK Shivakumar and Union Minister HD Kumaraswamy. It just underlines how bitter one of the state’s longest-running rivalries still is. Shivakumar was doing some outreach, a carefully choreographed exe
Jun 10, 2026 by Gree News Team
The Global Nuclear Arms Race: Spending, Capabilities, and Future Risks
Nearly eight decades since Hiroshima and Nagasaki. And the world’s nuclear powers aren't slowing down. They keep spending more, modernizing faster, and experts are watching them move weapons out of storage and into potential use. It’s a real arms race happening right now. The nine states that hold n
Jun 10, 2026 by Gree News Team
Latest Headlines
Political Speculation and Internal Turmoil within the TMC
Fresh visuals surfaced of Sushmita Dev meeting Assam Chief Minister Himanta Biswa Sarma. That kind of thing just kicks the speculation into high gear about her next move. It’s all about her potential entry into the BJP, right? This happened right after she stepped down from Rajya Sabha and walked ou
Jun 10, 2026 by Gree News Team
FIFA World Cup 2026: Structure, Geography, and the Official Match Ball
The FIFA World Cup 2026 is really starting to feel imminent now. It’s heading toward North America the USA, Mexico, and Canada are slated to host this massive global spectacle. People are talking about it constantly. It’s not just a standard tournament anymore. This time around, they’re throwing way
Jun 10, 2026 by Gree News Team
Lionel Messi and Argentina's World Cup Journey in Group J
Argentina’s taking on Group J in this new setup USA, Mexico, and Canada it feels like more than just football now. It’s about that farewell, isn't it? Lionel Messi is chasing something special right now, playing out this final chapter with the Albiceleste against Algeria, Austria, and Jordan. There’
Jun 10, 2026 by Gree News Team
Federal Judge Bars Nitrogen Gas Execution in Alabama
A federal judge just slammed the door shut on Alabama’s plan to use nitrogen gas for executing Jeffery Lee. Permanently barred it, ruling the method violated basic constitutional rights about cruel and unusual punishment. This decision dropped like a stone. It came just one day after an appeals cour
Jun 10, 2026 by Gree News Team
Kerala Board Plus One Results 2026 Announcement and Checking Methods
The Kerala Board Plus One results for 2026 are finally coming today, June 10th. That’s when the Directorate of Higher Secondary Education will officially announce everything. Students who took the DHSE Kerala Class 11 exams in 2026 can start checking their scores now. You have a few places to look,
Jun 10, 2026 by Gree News Team
Threats and Intimidation Against Former Judge Justice Gautam Patel
Chief Justice Surya Kant stepped in on the matter involving threats and intimidation aimed at former Bombay High Court judge Justice Gautam Patel. This happened while he was visiting the UK, raising the issue with India’s High Commissioner there. It came out of a report by The Times of India. The wh
Jun 10, 2026 by Gree News Team
Intersection of Art, Politics, and Public Morality at Film Screening
The buzz around the screening for ‘Bharat Bhhagya Viddhaata’ was definitely something special that Tuesday evening in Delhi. It wasn't just about watching a movie; it felt like a convergence a mix of film fans, some political heavyweights, and a surprising amount of high-level government presence. P
Jun 10, 2026 by Gree News Team
The Political Feud: Shivakumar vs. Kumaraswamy and the Vokkaliga Rivalry
A meeting that hasn't even happened is already sparking political sparring. Karnataka Chief Minister DK Shivakumar and Union Minister HD Kumaraswamy. It just underlines how bitter one of the state’s longest-running rivalries still is. Shivakumar was doing some outreach, a carefully choreographed exe
Jun 10, 2026 by Gree News Team
Protest and Political Standoff in Mexico City Before the World Cup
A protest choked off an avenue leading right to Mexico City’s Azteca Stadium for hours on Tuesday. It was just days before that massive World Cup opening match. As football fans started flooding in, all those co-hosts the US, Canada, and Mexico you see the real mess happening back home. Thousands of
Jun 10, 2026 by Gree News Team
The Global Nuclear Arms Race: Spending, Capabilities, and Future Risks
Nearly eight decades since Hiroshima and Nagasaki. And the world’s nuclear powers aren't slowing down. They keep spending more, modernizing faster, and experts are watching them move weapons out of storage and into potential use. It’s a real arms race happening right now. The nine states that hold n
Jun 10, 2026 by Gree News Team
The Chaos of Cinema: Volume, Competition, and the Shifting Market
The Friday arrived packed. June 12th. It wasn't just another day; it was a collision of cinema. Nine films, all hitting the screens at once. *Main Vaapas Aaunga*, Imtiaz Ali’s directorial effort. Then you had Kangana Ranaut’s *Bharat Bhhagya Vidhaata*. And the horror mixed in Vikram Bhatt’s *Haunted
Jun 10, 2026 by Gree News Team
Stock Market Updates: June 10th Performance and Sector Analysis
Stock market updates today, June 10th. Everything turned sour in late trading Wednesday. Domestic equity markets basically gave up all those gains they managed to hold during the day. Heavy selling hit midcap, smallcap stocks, plus metals, realty, and financial names dragging the main indices into n
Jun 10, 2026 by Gree News Team
Iran Football Team Travel and World Cup Arrangements
Iran’s football team is heading to Los Angeles, apparently. They announced Tuesday that they'll be flying there the day before their first group-stage game against New Zealand. It feels like a lot happening all at once. But where exactly will they be staying? They won't actually be in L.A. for long.
Jun 10, 2026 by Gree News Team
The Impact of Gen AI on Job Applications and Hiring Strategies
When you start looking for a job, everyone builds this whole structure: the résumé, that killer cover letter, tailoring it perfectly. The whole point was always that application could make you jump out from the crowd of hundreds of applicants. But honestly? Recruiters are starting to think that play
Jun 10, 2026 by Gree News Team
Narendra Modi's Milestone: India's Longest-Serving Prime Minister
Narendra Modi just hit a huge milestone. India’s longest-serving elected Prime Minister. Forty-three hundred ninety-nine days in office now. That beats Nehru's record, which was the first one. Former Vice President Venkaiah Naidu spoke about it. He praised the leadership and everything Modi has done
Jun 10, 2026 by Gree News Team