To incentivize private sector companies for developing coal gasification projects, Ministry of Coal has formulated a policy wherein, a provision has been made for 50% rebate in revenue share for all future commercial coal block auctions for the coal used in gasification purpose provided the coal quantity used for gasification is at least 10% of […]
Indian Oil Corporation to invest Rs 25,000 cr in green energy
Rising environmental concerns are increasingly swaying government energy policies across the globe, prompting energy companies to invest in greener options. New Delhi: Indian Oil CorporationNSE -0.95 % (IOC), the nation’s largest refiner and fossil fuel retailer, plans to invest Rs 25,000 crore in green energy projects, including solar and wind power plants, bio-fuels plants, and […]