Facebook Pixel Experts seek faster roll-out of coal gasification projects | Financial Express Mumbai - newspaper - Lees dit verhaal op Magzter.com

Poging GOUD - Vrij

Experts seek faster roll-out of coal gasification projects

Financial Express Mumbai

|

March 16, 2026

Though capital-intensive, this route allows strategic resource use, serves as crisis buffer

- SURYA SARATHI RAY

WITH STEEL, CHEMICALS & fertilisers, ceramics, glass, and various other industries reeling under inadequate gas availability, experts have called for fast-tracking coal gasification projects to boost domestic availability of the material that is both a fuel and feedstock for multiple industries.

India has the world's fourth-largest coal deposits, which serve as a significant lever for managing global energy supply shocks like the present one. The Indian government has set a target of 100 million tonnes of coal gasification capacity by 2030, aiming to reduce the country’s reliance on imports of natural gas and other critical items such as methanol and ammonia, and curb emissions. It approved an outlay of ₹8,500 crore in 2024 as a financial incentive to promote coal/lignite gasification projects for both government PSUs and the private sector.

However, progress toward the goal has been slow, primarily due to technological and economic constraints, with major projects still in the planning or pilot stages. “Only a handful of commercial-scale projects are moving forward,’ experts said, adding that the high ash content of Indian coal is a major hindrance, as it is not suitable for many available global gasifica-tion technologies.

MEER VERHALEN VAN Financial Express Mumbai

Financial Express Mumbai

Crude oil prices to drive market this week: Analysts

DEVELOPMENTS SURROUNDING THE ongoing conflict in West Asia and crude oil price movementwill be the major factors driving trends in the equity market this week, analysts said.

time to read

1 min

March 16, 2026

Financial Express Mumbai

Cold chain firms gear up for summer surge in q-comm

COLD CHAIN LOGISTICS companies focused on quick commerce are stepping up capacity and operational changes as large parts of the country heads into a hotter-than-normal summer, with demand for frozen desserts and temperature-sensitive products expected to rise sharply.

time to read

1 mins

March 16, 2026

Financial Express Mumbai

West Asia conflict weighs on shipping to US, Europe

THE DISRUPTION CAUSED to the global shipping by the conflict in West Asia has also reduced capacity on the key route to Europe and the US to barely 30-35% of the normal, putting both exports and imports under pressure, according to an industry official.

time to read

1 mins

March 16, 2026

Financial Express Mumbai

How Toyota doubled Hyryder sales in two years

IT'S THE ONLY NAMEPLATE IN INDIA TO ACHIEVE THIS KIND OF GROWTH WITHOUT A FACELIFT OR GENERATION CHANGE

time to read

3 mins

March 16, 2026

Financial Express Mumbai

Panel urges co-lending push to bridge MSME credit gap

TO BRIDGE THE estimated $530-billion (around ₹44,520 crore) formal credit gap faced by micro, small and medium enterprises (MSMESs), the Parliamentary Standing Committee on Finance has urged the government to aggressively expand structured co-lending arrangements between banks and non-banking financial companies (NBFCs) in order to lower the overall cost of capital for small businesses.

time to read

1 mins

March 16, 2026

Financial Express Mumbai

Crisis in West Asia hits hotel bookings

INDIAN HOTEL CHAINS are seeing a sudden reversal in business as escalating tensions in West Asia disrupt international travel, triggering a wave of room cancellations in key markets such as Mumbai and Delhi.

time to read

2 mins

March 16, 2026

Financial Express Mumbai

AI gets flight duty norms relief on long-haul routes

THE DIRECTORATE GENERAL of Civil Aviation (DGCA) has provided temporary relaxations in flight duty norms for Air India's long-haul flights as the airline is taking longer routes due to the airspace curbs amid the West Asia conflict, sources said on Sunday.

time to read

1 min

March 16, 2026

Financial Express Mumbai

Experts seek faster roll-out of coal gasification projects

Though capital-intensive, this route allows strategic resource use, serves as crisis buffer

time to read

3 mins

March 16, 2026

Financial Express Mumbai

Trump warns of more strikes on Kharg Island

Turmoil in oil market unlikely to end soon

time to read

2 mins

March 16, 2026

Financial Express Mumbai

A trigger for reform

THERE IS A famous saying, “Never let a serious crisis go to waste.” India’s landmark economic reforms in 1991 were the result of a balance-of-payments crisis.

time to read

4 mins

March 16, 2026

Listen

Translate

Share

-
+

Change font size