GENERAL5 Sept 2026
Coal Ministry rejects ‘No Takers’ claim, says TFL, NTPC apply for gasification scheme
The Coal Ministry says reports of no takers for its coal gasification scheme are wrong. Talcher Fertilisers and NTPC have applied before the September 7 deadline. This matters because the ₹37,500 crore plan aims to promote cleaner coal use. Other firms are also preparing bids. If you're in this sector, watch for the next application round opening soon.
Key Statutory Highlights
- The Coal Ministry refuted the 'no takers' claim, saying Talcher Fertilisers Ltd and NTPC Ltd have submitted applications online.
- The ₹37,500 crore coal gasification incentive scheme, approved by the Union Cabinet, has an application deadline of September 7.
- A rolling-round mechanism means a fresh application window opens the day after the current one closes and stays open for two months.
Actionable Advice for Taxpayers / Founders:If your business qualifies for coal or lignite gasification incentives, start preparing your application now, as another submission window will open right after September 7.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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