India Approves US$3.9 Billion Coal-to-Gas Scheme for Energy Security
India has recently sanctioned a US$3.9 billion initiative aimed at converting a larger portion of its extensive coal reserves into gas. This move is intended to bolster the nation's energy security. However, experts caution that expanding the application of this centuries-old technology is expected to be a gradual process.
India has approved a US$3.9 billion scheme designed to transform more of its vast coal reserves into gas. This program is a key component of the country's strategy to enhance its energy security.
The initiative focuses on the gasification of coal, a technology that has been in use for centuries. While India's energy security ambitions are gaining momentum, industry experts have voiced concerns regarding the timeline for implementation.
They warn that the process of scaling up this established technology for widespread application will likely be a slow and deliberate undertaking.
(Source: Channel News Asia)
