Coal Gasification to Help Hyderabad: Union Minister Kishan Reddy
Kishan Reddy announced that the Centre had approved coal‑gasification projects worth Rs.37,500 crore within a month of the Union Cabinet’s nod for the scheme.
Hyderabad: Union coal minister G. Kishan Reddy said Hyderabad — which has emerged as the country’s pharma capital — stood to gain significant business opportunities from the Centre’s coal‑gasification scheme, projected to attract investments of up to `3 lakh crore. He noted that key byproducts of coal gasification such as methanol, ammonia and hydrogen have direct applications in the pharmaceutical sector. The Centre has announced incentives worth Rs.46,000 crore to promote coal gasification projects.
Speaking at the coal ministry’s second roadshow here on Thursday, Kishan Reddy credited city‑based research institutions and public enterprises, including BHEL and IICT, for producing new findings that have made coal gasification viable despite the high ash content of India’s coal reserves. He added that the initiative is particularly beneficial for the state, given the substantial coal deposits in Singareni.
Kishan Reddy also announced that the Centre had approved coal‑gasification projects worth Rs.37,500 crore within a month of the Union Cabinet’s nod for the scheme. He said the programme will generate large‑scale employment and spur a range of allied industries — fertilisers, chemicals, clean hydrogen production, synthetic natural gas, liquid fuels (diesel, petrol, jet fuel), steel and energy, while helping conserve foreign exchange.
Highlighting the Modi government’s broader development agenda, Kishan Reddy said India had safeguarded over Rs.4.3 lakh crore of national wealth by plugging leakages and weeding out bogus beneficiaries through reforms. He outlined achievements across infrastructure, energy, manufacturing and the start‑up ecosystem over the past 12 years.
He said India had the world’s second‑largest road network and one of the largest metro systems; railway electrification was nearly 100 percent; total installed power capacity has crossed 530 gigawatts; India ranks third in installed renewable energy and is among the leaders in solar growth; the start‑up ecosystem is the world’s third‑largest with over 160,000 recognised start‑ups and more than 100 unicorns; and defence exports have risen from Rs.686 crore in 2014 to Rs.38,424 crore in 2026.