2 days ago

Coal Gasification Scheme Draws Seven Applications, Adani Leads

Coal Gasification Scheme Draws Seven Applications, Adani Leads
Coal Gasification Scheme Draws Seven Applications, Adani leads · timesnownews.com

India invited companies and public organizations to apply for a coal gasification scheme.

Seven applications arrived in the first round.

Adani was identified as the leading applicant.

Some applicants were among India’s biggest industrial groups and public sector organizations.

Earlier reports had suggested that nobody wanted to participate.

Alok Kumar Singh said those reports were too early.

He said the applications showed confidence in the scheme.

He also said they supported India’s broader coal gasification plans.

Key facts

Applications received
Seven in the first round
Reported leader
Adani
Applicant types
Large industrial houses and public sector undertakings
Government official
Alok Kumar Singh, Advisor (Projects), Ministry of Coal
Earlier reports
Reports had claimed there were no takers, which Singh called premature
Government assessment
The response was described as a vote of confidence in the scheme

Quotes

Alok Kumar Singh

Advisor (Projects) at the Ministry of Coal

“When we said reports of ‘no takers’ were premature, we were confident that industry would respond and it has, decisively. Seven applications in the very first round, including from some of India’s largest industrial houses and public sector undertakings, are a clear vote of confidence in the scheme and in India’s coal gasification mission. The market has spoken, and it has spoken loudly.”
timesnownews.com

Sources

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