NLC India revisits coal gasification plans; explores lignite, coal-based projects
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓NLC India is taking a fresh look at coal gasification projects, including those based on lignite.
- ✓The company is currently talking to consultants to prepare a report for these ventures.
- ✓This move is separate from their ₹50,000 crore plan to develop 18 GW of renewable energy by the year 2032.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Renewed interest in coal gasification is outside the company's ₹50,000 crore plan to develop 18 GW of renewables by 2032, including 3 GWh of BESS
NLC India Ltd is taking a fresh look at coal gasification projects, including those based on lignite, after having earlier shelved a proposed lignite-to-methanol project on account of high costs.
The company is currently in discussions with a few consultants to prepare a detailed project report (DPR) for the proposed ventures, its Chairman and Managing Director, Dr Prasanna Kumar Acharya, told businessline on the sidelines of the Bharat Renewable Energy Summit (BRE Summit) 2026, organised by the Ministry of New and Renewable Energy (MNRE) in New Delhi.
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