Coal news and updates

The Union Cabinet on Tuesday approved a scheme for providing subsidy for production of urea through coal gasification by Talcher Fertilizers Limited (TFL) worth over Rs 13,000 crore.

 

“Considering the strategic energy security and urea self-sufficiency of the country, looking into the country’s vast coal reserves, it has been decided go ahead with Talcher Fertilizer Limited plant based on coal gasification technology” and it will “improve availability of fertilizer to farmers thereby boosting development of eastern region and will save transport subsidy for supply of urea in eastern part of the country”, the government said in a statement.

 

The project, the government said, will “assist in reducing urea imports to the tune of 12.7 LMT per annum leading to savings in foreign exchange”.

 

It will also “help development of infrastructure like roads, railways water, etc. providing major boost to economy in the eastern part of the country including promoting ancillary industry”.

 

 

Source : https://indianexpress.com/article/india