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Adani Group plans to start work on coal gasification plant near nagpur this year

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Adani Group plans to start work on coal gasification plant near nagpur this year Good Morning Nagpur
The company has plans to come up with a second phase with an equal amount of investment too.An official said it was not clear whether the land was set aside for the company's project specifically or in general for any of the coal gasification ventures. As per the cabinet decision, revenue land would be offered for the project. It would be handed over as category 2 land on payment of a consideration in line with market valuation.Under the terms and conditions, a business entity starting a coal gasification project would not get ownership rights of the land but would have possession.The govt is pushing coal gasification projects throughout the country and has allocated 8,500 crore as viability gap funding. A decision to increase allocation was also considered. There were 4 other coal gasification projects planned in Vidarbha.



The company has plans to come up with a second phase with an equal amount of investment too.An official said it was not clear whether the land was set aside for the company's project specifically or in general for any of the coal gasification ventures. As per the cabinet decision, revenue land would be offered for the project. It would be handed over as category 2 land on payment of a consideration in line with market valuation.Under the terms and conditions, a business entity starting a coal gasification project would not get ownership rights of the land but would have possession.The govt is pushing coal gasification projects throughout the country and has allocated 8,500 crore as viability gap funding. A decision to increase allocation was also considered. There were 4 other coal gasification projects planned in Vidarbha.
 
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