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HARD TO ABATE INDUSTRIES
India's clean energy transition needs cleaner industrial supply chainsIndia's clean energy ambitions depend not just on renewable capacity but also on decarbonising industries. Cleaner supply chains, green man...- IFC commits USD 50 million to Hygenco to promote green hydrogen in IndiaInternational Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects acro...
- Power ministry to seek Cabinet nod for ₹20,000 crore carbon capture scheme by JulyIndia's power ministry is planning a significant ₹20,000 crore scheme for carbon capture technology. Cabinet approval is expected by July. ...
- Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv MemaniIndia's economic growth forecast for this fiscal year is around 7 percent. This projection depends on the Iran war ending soon. If the conf...
- Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul MunjalRahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil su...
- Nuclear sprint for a power-hungry IndiaIndia is embracing small modular reactors for its clean energy future. These advanced nuclear units offer a stable power source, complement...
- Green H2 blending can help cut gas, fuel imports: Prahlad JoshiGreen hydrogen blending in city gas and mobility can cut fuel imports. Minister Pralhad Joshi highlighted this potential. Pilot projects sh...
- IFSCA unveils framework for ESG-linked transition bonds at GIFT CityInternational Financial Services Centres Authority introduces a framework. This framework allows companies facing carbon emission reduction...
- Budget 2025: Plan afoot to decarbonise power, steelIndia is developing a national CCUS mission to decarbonize sectors like thermal power and cement. The mission, expected to be announced in ...
- Tata Power board approves Rs 5,666 cr for 1,000 MW pumped storage projectTata Power will invest Rs 5,666 crore to establish a 1,000 MW pumped storage hydro project in Bhivpuri. The project is expected to be compl...
- NITI Aayog to prepare roadmap on 'energy transition' in NovemberNITI Aayog, under CEO BVR Subrahmanyam, is set to present a roadmap for India's green energy transition aimed at achieving net zero carbon ...
- Thermax inks pact with Ceres Power to provide green hydrogen solutionsThermax has partnered with Ceres Power to manufacture large-scale Solid Oxide Electrolysis Cells (SOEC) for green hydrogen production. This...
- EET, SSE team for 40MW green hydrogen projectEssar Energy Transition and SSE are collaborating on a 40 MW green hydrogen project in northwest England. The Gowy Green Hydrogen project, ...
- India’s polluting heavy industries need a tech, capital rethinkThe union budget 2024 promises a road map that will help hard-to-abate industries to move to new clean technologies. Such a transition cove...
- Time to retire ‘hard to abate’ as climate solutions become more affordableExperts recommend 'affordable to abate' to emphasize that technologies are available for high-emission sectors like steel and cement.
- Budget at a glance: Private investment in InfraProposal to extend the period for export of goods imported for repairs from 6 months to 1 year to promote domestic aviation and boat and sh...
- Budget 2024: Industry calls focus on clean energy ‘pragmatic’, ‘progressive’The budget’s steps to encourage transitioning to cleaner forms of energy is a positive move, say stakeholders.
- Additional capex of Rs 47 lakh crore required to decarbonise India's steel, cement plants: StudyA new study reveals that India's steel and cement plants will require an additional capital expenditure of Rs 47 lakh crore to achieve net-...
- Thermax ties up with Fortescue for Green Hydrogen ProjectsUnder the MoU, Thermax and FFI plan to explore opportunities to jointly develop fully integrated green hydrogen projects for commercial and...
- Builders lobby for 5% GST, with credit for taxes on inputsCurrently, the levy is 18% with a 33% abatement, resulting in an effective tax rate of 12%.
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