Adani Enterprises, NTPC seek support under ₹37,500 crore coal gasification scheme
Adani Enterprises, NTPC and three other companies have submitted seven applications under India’s coal gasification incentive programme. Adani has proposed three urea-linked projects as the scheme aims to reduce imports of LNG, urea, ammonia and methanol.
What happened
Adani Enterprises, NTPC and three others applied for support under India’s ₹37,500 crore coal gasification scheme. Adani submitted three urea-project proposals;
Key facts
- ₹37,500 crore
- 7 applications
- 5 companies
- ₹2.53 trillion
- 25 projects
- 50,000 jobs
- 100 million tonnes annual capacity by 2030
- 75 million tonnes
- ₹2.77 trillion imports in 2025-26
- ₹8,500 crore
- 8 projects
Why this matters
The scheme creates potential partnership and offtake opportunities across gasification technology, engineering, fertiliser, chemicals and logistics as developers pursue import-substitution projects.
What to watch
- Government selection of seven submitted applications and the amount of incentive awarded per project.
- Final investment decisions or board approvals from Adani Enterprises, NTPC and the other applicants.
- Coal allocation terms, gasification technology performance guarantees and announced urea, ammonia or methanol capacities.
- Changes in global LNG, ammonia, methanol and urea prices relative to domestic coal-to-chemicals production costs.
- Environmental approvals, emissions rules, carbon-credit policy and litigation affecting coal-based industrial projects.
- India's 2030 coal-gasification target progress and any increase or reallocation of the ₹37,500 crore scheme budget.
- Track scheme-level approval announcements, incentive allocation and project-specific coal-linkage decisions.
- Watch Adani Enterprises and NTPC for feasibility-study completions, technology partnerships, EPC tendering and financial-closure timelines.
- Monitor fertiliser ministry procurement policy, urea subsidy revisions and long-term offtake commitments that could underwrite project returns.
- Assess whether developers include carbon capture, utilisation or storage plans, which may determine regulatory acceptance and financing access.
- Watch rail-capacity additions, coal production targets and water-allocation clearances in proposed project regions.