Coal Gasification Incentive Scheme 2024

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Coal Gasification Incentive Scheme 2024

Schemes
Coal Gasification Incentive Scheme 2024

The Union Minister unveils a roadmap to reduce dependence on imported petroleum, ammonia, and fertilisers, highlighting the Coal Gasification Incentive Scheme. The scheme promotes domestic production of syngas and value-added products.

Coal Gasification Incentive Scheme:

Dimension Key Details
Approval Has been approved in 2024 with an outlay of ₹8500 crore.
Objective Provides for reduction of dependence on imported petroleum, ammonia, and fertilisers through coal and lignite gasification.
Output Provides for production of syngas and value-added products from coal.
Sector Coverage Applies to both public and private sector coal and lignite gasification projects.
Categories Comprises Category I PSU-led projects; Category II private and PSU projects; and Category III demonstration and small-scale projects.
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Q 1 / 4

With reference to the Coal Gasification Incentive Scheme, consider the following statements:

1. It provides for reduction of dependence on imported petroleum, ammonia, and fertilisers.
2. It envisages coal and lignite gasification as the route for achieving the stated objective.

Which of the statements given above are correct?