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JSPL, New Era Cleantech, Greta Energy Get Rs 1,983-cr for Coal Gasification Projects

The government has allocated Rs 1,983.06 crore to Jindal Steel and Power (JSPL) and two other entities under a scheme to promote coal and lignite gasification.

JSPL has received Rs 569.05 crore for its two MTPA coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and utilizing carbon capture technology to convert CO2 into valuable products.

New Era Cleantech was granted Rs 1,000 crore for its project in Bhadravati, Maharashtra, with a focus on producing ammonium nitrate and hydrogen, using carbon capture, utilization, and storage (CCUS) technology for methanol production.

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