The selection of entities for coal/lignite gasification scheme will be carried out through a competitive and transparent bidding process. Furthermore, government is considering providing budgetary support to eligible Government PSUs, and Private sector enabling them to undertake coal gasification projects. In first segment, the government will provide support to Government PSUs. The second segment encompasses both the Private Sector and Government PSUs, with a budget allocation granted to each project. The selection of at least one project under this segment will be determined through a tariff-based bidding process, with criteria formulated in consultation with NITI Aayog. Lastly, the third segment involves the provision of budgetary support for demonstration projects utilizing indigenous technology and/or small-scale product-based gasification plants.

The Ministry is also considering an incentive to reimburse the Goods and Services Tax (GST) compensation cess on coal utilized in gasification projects for a period of 10 years after the commercial operational date (COD), provided that the GST compensation cess is extended beyond FY27. This incentive aims to offset the inability of entities to claim input tax credit for the same.

The post Govt considering Comprehensive Scheme to promote Coal Gasification Projects with an outlay of Rs. 6000 Crore appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The post Subansiri hydro power’s success critical for Dibang project: NHPC CMD appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

A special bench comprising Justices Arun Mishra and Deepak Gupta examined the entire episode and sought a status report with pictures on plantation, transplantation, and felling of trees in the Aarey Colony area of Brihanmumbai Municipal Corporation (BMC).

Solicitor General Tushar Mehta, who appeared on behalf of BMC, assured the bench that no further cutting of trees has taken place in Aarey colony and added that complete status quo is being maintained after the apex court’s last order.

Senior advocate Mukul Rohatgi also assured the court that “absolute” status quo has been maintained and that no trees have been cut since the top court’s previous order.

“There are no building projects, these are absolutely false allegations. The only project is that of Metro car shed,” he said.

Defending the construction of Metro shed project for expansion of Metro services in the city, Rohatgi said seven lakh vehicles are off the roads in Delhi because of metro services. It helps in cutting air pollution.

After hearing the arguments presented by legal representatives, the SC bench clarified that there is no stay on metro project and the stay order is only limited to the felling of trees in Aarey colony.

The matter will again be heard in court on November 15

The post Stay On Tree Cutting But Work Will Continue appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.