India ka coal gasification project shuru toh ho gaya hai, **7** bade players (NTPC, Adani, etc.) line mein hain. Lekin, high cost aur coal quality ke issues ne isko thoda mushkil bana diya hai. Investors ko ab govt ke agle steps par nazar rakhni hogi.
Kya chal raha hai scene?
Govt chemical aur fertilizer import kam karne ke liye coal gasification par zor de rahi hai. ₹37,500 Crore ka incentive scheme announce hone ke baad, NTPC, Adani Enterprises, Talcher Fertilisers, Gallantt Ispat, aur Shyam Sel & Power jaise big players ne interest dikhaya hai. Govt 20% tak plant cost support kar rahi hai, par phir bhi companies ke liye upfront kharcha bahut zyada hai.
Challenges kahan hain?
Coal ko methanol aur ammonia mein convert karna koi bachon ka khel nahi hai, ye bahut capital-intensive kaam hai. Upar se India ke coal mein high-ash content hota hai, jiske liye mehangi technology lagti hai. Ye sab cost ko aur badha deta hai.
Sirf 'Big Boys' hi kyu participate kar rahe hain?
High risk aur lambe gestation period ki wajah se chhote firms dur bhag rahe hain. Bina 'offtake agreements' (selling guarantee) ke banks bhi loan dene mein katra rahe hain. Agar 2030 tak 100 million tonnes ka target achieve karna hai, toh sirf subsidy se kaam nahi chalega.
Investors ke liye kya hai insight?
Industry ab govt se 'credit-guarantee mechanism' maang rahi hai taaki banks ka dar kam ho aur interest rates thode neeche aayein. Investors ko ab ye dekhna hai ki kaunsi company bina cost overrun ke project finish karti hai. Policy changes aur offtake agreements par नजर बनाए रखें, wahi asli game-changer honge.