Home India Ministry of Coal Coal Ministry signs CGPDPA with selected applicants under Ca...
Date: 2025-05-08 Category: Not Applicable State: Union Government Country: India

Coal Ministry signs CGPDPA with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme

Issued by Ministry of Coal · Not Applicable

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Executive Summary & Key Takeaways

The Ministry of Coal has initiated a significant step towards promoting cleaner energy solutions by signing the CGPDPA (Coal Gasification Plant Development and Production Agreement) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. This agreement, signed in May 2025, aligns with India's clean coal transition strategy and aims to achieve a target of 100 million tonnes of coal gasification by 2030. The scheme is financially supported with an outlay of INR 8,500 crore, encouraging participation from both private sector companies (like Jindal Steel and Power Limited, New Era Cleantech Solution Private Limited, Greta Energy and Metal Private Limited) and government Public Sector Undertakings. With this initiative, the Ministry aims to reduce environmental impacts, enhance India's energy security, and stimulate economic growth through technological innovation and infrastructure development. The signing ceremony took place with senior representatives from the Ministry of Coal in attendance. This agreement contributes significantly to India's commitment towards sustainable industrial development and aligns with global efforts for cleaner energy alternatives.

Key Entities Referenced

Ministry of Coal: The Indian government ministry responsible for coal production and related activities. It is mentioned multiple times in the document, indicating its central role. Coal Gasification Financial Incentive Scheme: A scheme designed to incentivize coal gasification projects. Category II is specifically mentioned. CGPDPA: Coal Gasification Plant Development and Production Agreement; signed between the Ministry of Coal and selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. Category II: A specific category within the Coal Gasification Financial Incentive Scheme that includes projects under both private sector companies and government PSUs. Shri Sanoj Kumar Jha: Additional Secretary, Ministry of Coal. A key individual present at the signing ceremony. Shri Asheesh Kumar: OSD Technical, Ministry of Coal. Present at the signing ceremony. Shri BK Thakur: Director Technical, Ministry of Coal. Present at the signing ceremony. Jindal Steel and Power Limited: One of the selected applicants under Category II for the CGPDPA. New Era Cleantech Solution Private Limited: One of the selected applicants under Category II for the CGPDPA. Greta Energy and Metal Private Limited: One of the selected applicants under Category II for the CGPDPA. January 24, 2024: The launch date of the Financial Incentive Scheme for Coal Gasification. 8,500 crore: The total outlay (in Indian Rupees) for the Financial Incentive Scheme for Coal Gasification. 2030: The target year for achieving 100 million tonnes of coal gasification. India: The country where the Coal Gasification Financial Incentive Scheme is implemented. PIB Delhi: Press Information Bureau, Delhi. Indicates the source of the information.
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Ministry of Coal Coal Ministry signs CGPDPA with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme Posted On: 08 MAY 2025 8:59PM by PIB Delhi In a significant step toward promoting cleaner energy alternatives, the Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. This category includes projects under both private sector companies and government PSUs. The signing ceremony was conducted in the august presence of Shri Sanoj Kumar Jha, Additional Secretary, Ministry of Coal, along with Shri Asheesh Kumar, OSD (Technical), and Shri BK Thakur, Director (Technical), Ministry of Coal. The selected applicants under Category II are: Jindal Steel and Power Limited l New Era Cleantech Solution Private Limited l Greta Energy and Metal Private Limited l Launched on January 24, 2024, the Financial Incentive Scheme for Coal Gasification has a total outlay of ₹8,500 crore. The scheme aims to achieve 100 million tonnes of coal gasification by 2030, leveraging India’s abundant domestic coal reserves to promote sustainable industrial development. It encourages participation from both public and private sector players to establish coal gasification projects across the country. This initiative is a key component of India’s clean coal transition strategy. It is expected to reduce environmental impact, enhance energy security, and drive economic growth through technological innovation and infrastructure development. **** Shuhaib T (Release ID: 2127819)

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