Total funding: Indian rupees 37,500 crore (about 375 billion rupees).
First round received seven applications from large companies.
Coal gasification converts coal into syngas, which can be turned into urea, methanol, ammonia, hydrogen and synthetic natural gas.
Goal: produce 100 million tonnes of gas by 2030, with 75 million tonnes from this new scheme.
Expected investment: up to 300 billion rupees and many new jobs.
Seven major companies, like Adani Enterprises and NTPC, have submitted proposals.
The process, called coal gasification, creates a gas that can become fertilizer, fuel and more.
The government hopes the project will create jobs and reduce the need to buy these products from abroad.
The scheme aims to reach a capacity of 100 million tonnes of coal gasification by 2030.
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