NTPC leads second round of coal gasification bids with two applications

NEW DELHI Two applications, both from state-owned power producer NTPC Ltd, have been received in the second rolling round of applications for incentives to set up coal gasification projects, the Coal Ministry said on Tuesday. The ministry also announced the launch of the third round under the government’s ₹37,500-crore incentive scheme. NTPC has sought incentives for projects to produce urea, methanol and dimethyl ether (DME).

In the first round, it had applied for incentives to set up a synthetic natural gas production project. NTPC Q2 net up 14% to ₹5,320-cr. on higher generation, improved efficiencies NTPC Q2 net up 14% to ₹5,320-cr.

on higher generation, improved efficiencies The company’s commercial generation increased 11.1% YoY to 92.413 billion units (BU). NTPC Q2 net up 14% to ₹5,320-cr. on higher generation, improved efficiencies storyline 1 A total of seven applications were received in the first round, including three from Adani Enterprises for urea production projects.