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Budget: Coal gasification of 100 MT to give fillip to end-use sectors like steel, say experts

India aims to establish coal gasification and liquefaction capacity of 100 million tonnes by 2030, according to Finance Minister Nirmala Sitharaman. This initiative aligns with the goal of Aatmanirbhar Bharat (self-reliant India) and is expected to reduce reliance on imports of critical items such as natural gas, methanol, and ammonia. Coal gasification is considered a viable and clean technology that can contribute to the production of synthetic fuels, chemicals, and power generation while meeting environmental requirements. The move is expected to benefit sectors like steel, chemicals, petrochemicals, and fertilizers.

Coal Stocks On The Rise As Demand For Steel Soars In 2024 (BNNHF, AMR, HCC, CAD V)

Although there has been a global push towards cleaner energy sources, coal still remains a vital part of our energy mix. In fact, a recent report by the International Energy Agency found that global.

Top Stocks For Coals Resurgence In 2024 (BNNHF, AMR, HCC, CAD V)

Contrary to predictions of its demise, the U.S. coal industry has defied expectations, registering a remarkable 40% collective gain in stock value since the beginning of 2023. The resurgence can be.

AG&P Pratham wins the India 2022 Energy Company of the Year at The Economic Times Energy Leadership Awards

Business News | AG&P Pratham Wins the India 2022 Energy Company of the Year at The Economic Times Energy Leadership Awards

Get latest articles and stories on Business at LatestLY. One of the largest private energy players in India, AG&P City Gas, operating under the brand name AG&P Pratham, has been adjudged as the 2022 Energy Company of the Year in the non-renewable category. Business News | AG&P Pratham Wins the India 2022 Energy Company of the Year at The Economic Times Energy Leadership Awards .

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