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Economy News

The Economic Times

Economy / The Economic Times

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Centre allows imported coal in Rs 37,500-crore gasification scheme

The government permits imported coal for gasification projects under a new scheme. This initiative aims to convert coal into valuable chemicals and fuels. Developers will arrange their own fuel supply, with no domestic coal guarantee provided. Foreign companies can bid but must establish a local entity if selected. The scheme offers financial support for plant and machinery costs.

28 Aug 2026 12:24 am