Study backs coal-derived chemicals in Rs 37,500 crore gasification push
In short
A study says India should focus on coal-derived hydrogen, synthetic natural gas and methanol in a Rs 37,500 crore coal gasification push.
The idea is to reduce imports and build 100 million tonnes of coal gasification capacity by 2030. That could shape where investment goes in the sector.
What the reporting says
A study has recommended that India prioritize coal-derived hydrogen, synthetic natural gas and methanol under a Rs 37,500 crore government push for coal gasification. The ET Foreign Trade summary says the plan aims to cut imports and build 100 million tonnes of coal gasification capacity by 2030. It also says investments should go first to products with economic returns and lower import dependence.
Why it matters
A study cited in the summary recommends that India focus on coal-derived hydrogen, synthetic natural gas and methanol within the government’s Rs 37,500 crore coal gasification initiative. The plan is aimed at reducing import dependence and building 100 million tonnes of coal gasification capacity by 2030. The update points to priorities for investment in coal-to-chemicals projects and related industrial output.