Cabinet Approves INR 37,500 Crore Coal Gasification Scheme To Boost Energy Security, Create 50,000 Job
The Union Cabinet has approved an INR 37,500 crore coal gasification scheme to boost energy security and reduce import dependence. The initiative will convert coal and lignite into syngas for fertilisers, chemicals, and fuels. The government expects the programme to create 50,000 jobs, support 25 projects, and help achieve 100 million tonnes of coal gasification capacity by 2030.
The Union Cabinet has approved a major INR 37,500 crore scheme to accelerate coal gasification in India. The initiative aims to convert domestic coal and lignite into syngas for producing fertilisers, chemicals, and fuels, thereby reducing dependence on imported LNG and petrochemicals. Officials claim the programme will create around 50,000 jobs and help establish 100 million tonnes of coal gasification capacity by 2030. It will support 25 projects handling 75 million tonnes of coal initially, with financial incentives covering 20 per cent of plant and machinery costs. The government expects this push to enhance energy security, boost domestic urea production, and strengthen self-reliance in key sectors. The decision was announced by the PMO on May 14, 2026. Mumbai CNG Price Hike: Mahanagar Gas Raises Rates in MMR Region, Check Latest Prices.
Cabinet Approves INR 37,500 Crore Coal Gasification Scheme, 50,000 Jobs
Union Cabinet Clears Rs 37,500 Crore Push For Coal Gasification To Reduce LNG And Fertiliser Imports, Create 50,000 Jobshttps://t.co/rrdigPxByj
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— PMO India (@PMOIndia) May 14, 2026
(The above story first appeared on LatestLY on May 14, 2026 02:11 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
