The Ministry of Coal is planning to hold an interaction with industry leaders in Mumbai on Wednesday as part of a roadshow for the promotion of coal/lignite gasification projects nationwide.
This event aims to nurture the growth and widespread adoption of coal/lignite gasification projects throughout the country. It signifies a notable stride towards leveraging the abundant coal and lignite resources to propel sustainable energy initiatives in India, the Coal Ministry said on Tuesday. An earlier interaction was held with captains of Industry in Hyderabad which the ministry termed as “successful” as it elicited a lot of enthusiasm.
The Centre has approved an investment outlay of Rs 8,500 crore scheme for coal/lignite gasification projects under three categories that include Government PSU’s, Private Players as well as Small Scale Projects. The scheme forms part of the government's vision to diversify energy sources, lessen reliance on imported fuels, and mitigate environmental impact through cleaner technologies.
Secretary, Ministry of Coal, Amrit Lal Meena, will be the Chief Guest for the event.
By forging strategic partnerships with industry players, the Ministry of Coal aims to expedite the adoption of gasification technologies and facilitate the creation of a robust ecosystem for coal/lignite-based energy solutions. The event will convene key stakeholders, including policymakers, licensors, EPC agencies, PMC consultants, industry frontrunners, and investors, to discuss the opportunities and hurdles associated with coal/lignite gasification projects. Participants will engage in insightful conversations, exchange best practices, and explore avenues for collaboration to propel the growth of gasification initiatives in India, the Coal Ministry said in a statement.
The Ministry of Coal has given an open invitation to all interested stakeholders to join the event for drawing up coal gasification plans.
AdaniConneX establishes India's largest sustainability linked financing to raise up to $1.44 billion
In a bid to accelerate digital infrastructure growth in India, AdaniConneX, a JV between Adani Enterprises and EdgeConneX, on Sunday said it has established the country’s largest sustainability-linked financing to raise up to $1.44 billion.
Credit card data of 17K ICICI Bank users exposed; bank blocks cards, assures compensation
After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it has blocked these cards and is issuing new ones to the customers.
NDA rule has shown superior numbers on GDP growth, inflation, unemployment compared to UPA
The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to the UPA regime, broking firm Prabhudas Lilladher said.
RBI crackdown triggers crash in Kotak Bank shares
The RBI had, on Wednesday evening, barred Kotak Mahindra Bank, with immediate effect, from taking on new customers and issuing fresh credit cards.
Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers
Infina Finance, one of the promoter group entities of Kotak Mahindra Bank which was barred by the RBI on Wednesday from onboarding new customers, had donated electoral bonds worth Rs 60 crore to the BJP.
RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy
While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the world’s third-largest economy.
Congress in Tripura blocks rail stations to protest police fired-killing of 5 farmers in MP
The firing on Tuesday came during raucous protests to demand better crop prices in the drought-ravaged region that saw one farmer suicide every five hours in the past two years.
DMs, SPs of violence-hit MP districts transferred
The farmers agitation entered its eighth day on Thursday. The peasants have been on strike since June 1, demanding loan waiver and fair price for their produce.