Five Firms Seek Support Under ₹37,500 Crore Coal Scheme

The government wants companies to turn coal and lignite into useful products.

It created a scheme offering support worth ₹37,500 crore.

Five companies have submitted seven applications.

Adani Enterprises submitted three proposals for making urea.

Other proposals involve urea, syngas, direct reduced iron and synthetic natural gas.

The government hopes the plan will attract large investments and create jobs.

It also wants to reduce imports of products such as urea, ammonia, methanol and LNG.

Officials will review the applications, and companies can submit more proposals during future application windows.