Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy security

Financial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding process, where incentives will be disbursed in four equal instalments linked to project milestones. The incentive for a project will be capped at Rs 5,000 crore and for any single product, except synthetic natural gas and urea, will be capped at Rs 9,000 crore. Incentive for a single entity group will be capped at Rs 12,000 crore across all projects.

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