05-November-2026
Economy News
 
Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry Secretary
05-Nov-2026

Coal gasification projects have the potential to save India approximately Rs 1.5 lakh crore in foreign exchange over the next five to seven years by substituting imports, Coal Ministry Secretary Vikram Dev Dutt stated on Thursday. Speaking at the 4th Conference of Mining Ministers on Reforms in the Mines and Coal Sector in South Goa, Dutt highlighted that the Centre has committed Rs 46,000 crore in financial incentives across two schemes to promote coal gasification.

News Source:- https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/coal-gasification-projects-may-save-india-rs-1-5-lakh-crore-in-forex-over-5-7-years-coal-ministry-secretary/articleshow/135565406.cms