balasaheb

Entepreneur I Managing Director, New Era Cleantech | Government I Policy I Senior Executive Fellow, Harvard Kennedy School

[SansadTV @sansad_tv]

केंद्र ने कोयले से गैस बनाने की परियोजनाओं को बढ़ावा देने के लिए 37,500 करोड़ रु. की योजना मंजूर की है. उद्देश्य है स्वच्छ ऊर्जा उत्पादन बढ़ाना और आयात पर निर्भरता कम करना.

पश्चिम एशिया की स्थिति ने यह साफ कर दिया है कि भारत किन‑किन चीजों के लिए दूसरे देशों पर निर्भर है. कच्चे तेल और फर्टिलाइजर का आयात प्रभावित हुआ है.

ऐसे में कोल गैसीफिकेशन योजना न केवल ऊर्जा सुरक्षा को मजबूत करेगी बल्कि आयात पर निर्भरता घटाकर आत्मनिर्भर भारत के लक्ष्य को भी आगे बढ़ाएगी.

'Mudda Aapka'

#CoalGasification #AtmanirbharBharat #EnergySecurity @MinesMinIndia

https://t.co/3iRldMPpxu

[The Cloaked Gaze 👀 @gaze_observer]

New Era Cleantech Targets Financial Closure & EPC Orders for ₹20,000 Crore Coal Gasification Project by December 2026; Phase 1 to Gasify 1.2–1.6 MT of Coal Annually at Chandrapur

The Project — Scale & Structure
Location: Bhadravati, Chandrapur, Maharashtra (near Nagpur)

Total investment: ~$3 billion (~₹20,000 crore) over 3 years

Phase 1: ~$1 billion — gasify 1.2–1.6 MT coal annually

Phase 2: ~$2 billion — double capacity

Full commission capacity: 5 MT per annum of coal gasification

Among India's largest coal gasification and carbon capture plants planned

Environmental clearance: obtained for 5 MT gasification capacity

Financial Status
Equity: already tied up for Phase 1

Debt: finalising for ~70% of project cost — going hand in hand with EPC orders

Interest received from multiple players for debt financing

Viability gap funding: ₹1,100 crore from Government of India

Status: Ultra Mega Power Project from Maharashtra government — soft incentives for development

Land & Coal Linkage
Land allotted: 1,650 acres by Maharashtra Industrial Development Corporation

Coal mine: Bhandak West coal mine allotted

Coal linkage: from Coal India

EPC orders target: December 2026 financial closure and placement

Products — Multi-Product Strategy
Phase 1: ammonia, ammonium nitrate, mono ethylene glycol

Future expansion: dimethyl ether (LPG blending), urea, sustainable aviation fuel, ethanol

Carbon dioxide: treated as monetisable entity, not a problem — unlike power or steel plants

Strategy: 80–90% local equipment sourcing targeted

Policy Tailwind — Cabinet's ₹37,500 Crore Scheme
Cabinet's ₹37,500 crore coal gasification incentive scheme (announced Wednesday) directly supports this project

Scheme has potential to attract ₹3 trillion in total investment into coal-to-chemicals ecosystem

West Asia crisis exposing India's import dependence on key fuel inputs — prompting policy push to reignite coal gasification investor interest

Core Theme
New Era Cleantech is the first large private mover on India's coal gasification ambition — with equity tied up, viability gap funding secured, land and coal linkage in place, and the Cabinet's ₹37,500 crore incentive scheme providing the policy backdrop, the December 2026 EPC order target makes this a tangible near-term milestone in India's coal-to-chemicals strategy; the multi-product approach covering ammonia, urea, SAF, and ethanol — combined with treating CO2 as a revenue stream — reflects a sophisticated attempt to hedge the high capex risk that has historically kept private capital away from coal gasification projects.

[Narendra Modi @narendramodi]

The scheme for Promotion of Surface Coal/Lignite Gasification Projects that has been cleared by the Cabinet will further energy security, boost investment and create job opportunities for the youth. It will add strength to our efforts to strengthen the tech and innovation system as well.

https://t.co/NAH7qZVMbS

[Press Trust of India @PTI_News]

VIDEO | The industry players on Wednesday welcomed the enhanced policy support for coal gasification and described it as a bold, timely and strategic intervention at a crucial geopolitical moment for global energy and commodity markets.

[ANI @ANI]

#WATCH | Delhi | On PM Narendra Modi’s appeal amid the West Asia conflict, New Era Cleantech Founder and MD, Balasaheb Darade, says, "... We strongly welcome and congratulate the government's decision in such a crucial time of energy crisis and geopolitical situation. This is going to be one of the historic decisions for the country in making it 'Atmanirbhar' in the energy sector... This is the right choice right now, so we are not dependent on any other country, and other places don't become a choke point for a country of 1.4 billion for its food security, fertiliser security and all kinds of business that are impacted because of this."

[Zee Business @ZeeBusiness]

मोदी कैबिनेट का बड़ा फैसला

कोल गैसीफिकेशन स्कीम को मंजूरी

₹37,500 करोड़ की मेगा योजना

कोयले से बनेगा गैस और केमिकल्स !

इंपोर्ट निर्भरता कम करने की तैयारी

एनर्जी सिक्योरिटी पर सरकार पर फोकस

देखिए New Era Cleantech Solution Pvt Ltd के Founder & Managing Director Balasaheb Darade से ज़ी बिज़नेस की खास बातचीत

#CoalGasification #ModiCabinet #EnergySecurity @iam_deepaky @balasaheb

[Devendra Fadnavis @Dev_Fadnavis]

Powering Maharashtra with a New Era of Clean Industry in Chandrapur

Glad to be present at the bhoomipujan and stone plaque unveiling of New Era Cleantech's Integrated Coal Gasification (Coal-to-Chemicals) and carbon capture project, and Greta Energy Ltd. Integrated Green Steel Plant, along with Union Minister G. Kishan Reddy, at Chandrapur.

Under the visionary leadership of Hon PM Narendra Modi Ji, India is adopting world-class technologies for the responsible and sustainable use of mineral resources. At present, 7 coal gasification projects have been initiated across the country, of which 4 are in Maharashtra, particularly in Vidarbha.

The New Era Cleantech facility envisions using coal gasification technology to produce urea, industrial chemicals, gases and substitute gas for LPG, contributing to cleaner energy solutions. At the same time, Greta Energy has undertaken a major initiative to produce green steel, with Gadchiroli envisioned as a future steel hub. This initiative will play a transformative role in industrial development.

Maharashtra continues to attract more industries and accelerate growth through investments in industry and the service sector.

Minister Dr. Ashok Uike, MoS Adv. Ashish Jaiswal, Chairman of the National Commission for Backward Classes, Hansraj Ahir and other dignitaries were present.

@narendramodi @kishanreddybjp @drashokuike_mla @Ashishjaisw3Adv @ahir_hansraj
#Maharashtra #GreenSteel #GretaEnergy

[PIB India @PIB_India]

Union Minister of Coal and Mines @kishanreddybjp Performs Bhumi Pujan for two Coal Gasification Projects in Maharashtra

Coal Minister Reviews Murpar Mine Closure Site, Holds Mine Closure Advisory Committee Meeting

The second project is an integrated coal gasification & clean fuels project by New Era Cleantech Solutions Pvt Ltd. The project will convert domestic coal into critical industrial chemicals and fuels used across sectors such as fertilisers, mining, textiles and packaging. Once operational, these projects are expected to process over 2.5 million metric tonnes of coal annually

Read here: https://t.co/dAOjO8Kmr7

@CoalMinistry

[TOI Nagpur @TOI_Nagpur]

New Era Cleantech plans to make coal-based urea at Chandrapur plant
https://t.co/BtIC7Vmob1
Download the TOI app now:
https://t.co/FSEQiuJrIL

[PSUWatch @PsuWatch]

A new report pitches coal gasification as “geopolitical insurance” for India against oil, LPG and fertiliser shocks amid Hormuz risks. More 👇 https://t.co/QTd4pVcvtz
#CoalGasification #EnergySecurity #Energy @CoalMinistry @balasaheb

[Nagpur & Vidarbha Index @Nagpur_Vidarbha]

#Chandrapur #CoalGasification

🚀 New Era Cleantech Solutions Private Limited Plans to produce Coal Gas-based Urea at its upcoming Coal Gasification Plant in Bhadravati, Chandrapur.

This Plant will be the India's first Private Sector Coal-to-Urea Plant.

https://t.co/FNM6X5fy08

[Anurag Shukla @Anuraag_Shukla]

Coal gasification offers India a pragmatic hedge: convert domestic coal into chemicals and fuels, cut import exposure, and support industry.

[IANS @ians_india]

Davos, Switzerland: Founder and Managing Director, New Era Cleantech, Balasaheb Darade says, "Davos is a confluence of innovation, policy, investors, and new developments. And we have seen that this year, the sustainability, green energy, and energy security, and geopolitics around it is a very important discussion that has been happening. And we at New Era, we are working on one of India's ambitious projects on coal gasification and carbon capture, green hydrogen, sustainable aviation fuels. So as you know, India last year imported about 87% of oil and more than 50% of gas. We don't have enough of oil and gas. Only natural resource and abundance we have is coal. And we are working on converting this coal to syngas in a sustainable and environmentally friendly way to make a gas. And once you have a gas, then we can make hydrogen, ammonia, ethanol, methanol, SAF. So in coal gasification, we are doing the partial oxidation and capturing CO2..."

[IndiaEnergyWeek @IndiaEnergyWeek]

We are excited to welcome Balasaheb Darade, The Founder and MD, New Era Cleantech, to India Energy Week 2025 as a Strategic Conference speaker. Known for transforming and leading organisations through innovation and impactful public-private-people partnerships, Darade’s expertise in developing strategies for complex issues will be invaluable to the event.

Join us to hear from over 500 visionary leaders like Darade in 95+ engaging sessions across multiple stages, as we uncover opportunities to shape a sustainable energy future.

Book your delegate pass to attend the conferences: https://t.co/pAN9gRy7iG

#Indiaenergyweek2025 #Energytransformation #Energytransition #Renewableenergy #IndiaEnergyWeek

@PetroleumMin @fipiind @dmgeventsglobal

[Energy Watch @theenergywatch]

#CoalGasification
According to sources, New Era Cleantech has secured the highest funding from the govt for its coal gasification project at Rs 1,000 cr, followed by JSPL & Greta Energy.
https://t.co/WtmitDpk8D
@CoalMinistry @kishanreddybjp @JSPLCorporate @balasaheb

[PSUWatch @PsuWatch]

#CoalGasification
According to sources, New Era Cleantech has secured the highest funding from the govt for its #coalgasification project at Rs 1,000 cr, followed by @JSPLCorporate & Greta Energy.
https://t.co/Llla2xhdyL
@CoalMinistry @kishanreddybjp @balasaheb

[balasaheb @balasaheb]

Honored to be a special invitee at President Donald Trump’s Inaugural for the second time:

Attending the inaugural events marking President Donald Trump and Vice President JD Vance's leadership was a truly inspiring experience. The Candlelight Dinner, amidst this historic occasion, was a moment of significance.

Engaging with notable individuals added a layer of richness to the event:
Conversations with President Donald Trump and members of the Trump family, such as Ivanka Trump, Jared Kushner, Donald Trump Jr., and others, highlighted their impactful roles in shaping national and global narratives.
- Interactions with global leaders like Elon Musk, Jeff Bezos, Mark Zuckerberg, and Mukesh Ambani provided insights into innovation, sustainability, and energy security.
- Dialogues with political and business elites, including Cabinet members like Vivek Ramaswamy, Kash Patel, Tulsi Gabbard, Chris Wright, and influencers from diverse industries, focused on impactful policies and initiatives.

Key global themes emerged from these discussions:
- Strengthening U.S.-India relations for technology, trade, and diplomacy collaboration.
- Highlighting sustainability and energy security as crucial elements for a stable future. Developing India-US partnership on CCUS, Clean Energy/fuels.
- Addressing global geopolitics with an emphasis on cooperation and shared prosperity.
- Advocating for a peaceful future, prioritizing dialogue and diplomacy over conflict.

This gathering was a celebration and a convergence of ideas, showcasing a collective vision for progress and prosperity. Grateful for the enriching experience and eager to utilize these connections and insights for meaningful contributions to global development.

#Leadership #USIndiaRelations #Sustainability #EnergySecurity #GlobalImpact #Peace #DonaldTrump2025 #PresidentTrump

[balasaheb @balasaheb]

God bless America and the world