New Delhi (PTI): In a major financial boost to Tata-Sasol JV and Jindal Steel & Power Ltd, the government is believed to have decided not to ask for profit share from the $ 18 billion projects to convert coal into liquid petroleum. Instead of charging upfront payment or signature bonus for allocating natural resources, the government is planning to get a share of oil and gas produced, called profit petroleum, from coal-to-liquid (CTL) projects in Orissa. However, the Coal Ministry is now understood to have shunned the idea as the companies were opposed to it. "As profit sharing clause was incorporated after expiry of the last date for submitting applications for CTL projects, the companies had some reservations," a senior government official said. For the two proposed pilot projects, each of which would produce 80,000 barrels of crude oil a day, Tata-Sasol JV Strategic Energy Technology Systems (SETSL) and JSPL have been allotted Ramchandi and Shrirampur coal blocks respectively. Earlier this year, SETSL had opposed the profit-sharing regime saying the Oilfield Regulation Act or the Petroleum and Natural Gas Rules do not apply if crude oil and gas produced from coal are synthetic and not naturally occurring hydrocarbon.