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Friday, 13 November 2026 IST

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Coal gasification can save ₹1.5 trillion in forex in 5-7 years: Coal secy

Coal gasification projects have the potential to save India around Rs 1.5 lakh crore in foreign exchange over the next five to seven years through import substitution, Coal…

Coal gasification can save ₹1.5 trillion in forex in 5-7 years: Coal secy
Coal gasification can save ₹1.5 trillion in forex in 5-7 years: Coal secy — image via Business Standard — Credit: Business Standard

Attributed summary

Coal gasification projects have the potential to save India around Rs 1.5 lakh crore in foreign exchange over the next five to seven years through import substitution, Coal Ministry Secretary Vikram Dev Dutt said on Thursday. The Centre has committed financial incentives of Rs 46,000 crore under two schemes to encourage coal gasification projects, Dutt said, addressing the 4th Conference of Mining Ministers on Reforms in the Mines and Coal…

Read the original report — Business Standard

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