The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

India Bets Rs 37,500 Crore On Coal Gasification: How Modi Govt Plans To Turn Coal Into Gas, Chemicals, And Fuel To Counter Energy Crisis

News Snapshot:

New Delhi: Amidst a global energy crisis, an old fuel source buried deep beneath Indian soil has been thrust back into the policy limelight as the Narendra Modi government seeks to shield the country from global energy volatility. The Union Cabinet on Wednesday approved a Rs 37,500 crore support scheme for coal and lignite gasification, a move that could attract as much as Rs 3 lakh crore in private investment, according to the officials. The gasification announcement has been made at a sensitive moment for energy markets, with the supply routes remaining under strain due to the ongoing Iran conflict….

Other China Tech Buzz: