{"id":396,"date":"2024-09-22T07:41:14","date_gmt":"2024-09-22T07:41:14","guid":{"rendered":"https:\/\/studybizz.com\/gk-facts\/?p=396"},"modified":"2024-09-22T07:41:19","modified_gmt":"2024-09-22T07:41:19","slug":"govt-targets-100-mt-of-coal-gasification-by-2030","status":"publish","type":"post","link":"https:\/\/studybizz.com\/gk-facts\/govt-targets-100-mt-of-coal-gasification-by-2030\/","title":{"rendered":"Govt Targets 100 MT of Coal Gasification by 2030"},"content":{"rendered":"\n<p>Government of India Targets 100 MT of Coal Gasification by 2030<br><br>\ud83d\udd38The government aims to achieve 100 million tons of coal gasification by 2030 to promote clean energy.<br><br>\ud83d\udd38Coal will be transformed into gas or liquid forms for use in methanol, ammonia, and industrial processes.<br><br>\ud83d\udd38Financial allocation of \u20b98,500 crore , with a 50% revenue share rebate for commercial coal gasification projects.<br><br>\ud83d\udd38Coal India &amp; BHEL &#8211; Focus on ammonia and nitric acid production with a project cost of \u20b911,782 crore.<br><br>\ud83d\udd38Coal India &amp; GAIL &#8211; Developing coal-to-synthetic natural gas project worth \u20b913,053 crore in West Bengal.<br><br>\ud83d\udd38Initiative to partially reduce oil, gas, fertilizer, and petrochemical imports.<br><br>\ud83d\udd38We have a positive view on Coal India driven by plans for 1000 MT production by FY26, robust demand, and investments in coal gasification.<\/p>\n\n\n\n<p><strong>Impact on Coal India Share:<\/strong> Coal India Share saw a very big dip from 52 week high of 543 to 470 to 480 which is around 8% dip. It again corrected to 490. This positive news can boost coal india to some extent. Definitely it&#8217;s a very good stock for the long term as suggested by stock market analysts. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government of India Targets 100 MT of Coal Gasification by 2030 \ud83d\udd38The government aims to achieve 100 million tons of coal gasification by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industries"],"_links":{"self":[{"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/posts\/396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/comments?post=396"}],"version-history":[{"count":1,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/posts\/396\/revisions"}],"predecessor-version":[{"id":397,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/posts\/396\/revisions\/397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/media\/395"}],"wp:attachment":[{"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/media?parent=396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/categories?post=396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/studybizz.com\/gk-facts\/wp-json\/wp\/v2\/tags?post=396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}