Coal news and updates

Cess on coal gasification may be waived

Most of the coal produced in India is utilized in thermal power plants. mint

Coal gasification, process by which coal is turned into fuel gas, is considered as a cleaner option than burning coal

NEW DELHI : In a bid to boost coal gasification—a cleaner way to use coal—the government is considering waiving the GST compensation cess of ₹400 per tonne of coal used for the purpose.

Two officials in the know said the coal ministry has proposed to the finance ministry that it announce the waiver in the union budget for FY24.