In a push to cleaner energy, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a Rs 37,500 crore coal gasification scheme. The move will also strengthen India’s energy security and reduce dependence on forex-guzzling imports amid the volatile geopolitical situation due to the ongoing conflict between the United States and Iran. Sharing the details, Union Information & Broadcasting Minister Ashwini Vaishnaw said that the country has 401 million tonnes of known coal reserves, which is enough for the next 200 years.
“An outlay of Rs 37,500 crore has been kept for this scheme, and there will be an investment of around Rs 3,000 lakh crore in this, and the projects will be put up for gasifying 75 million tonnes of coal,” he said.
