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HARD TO ABATE SECTORS
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 conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...
- 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...
- 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...
- Budget 2026: CCUS push with Rs 20,000 crore outlay to help decarbonize hard-to-abate sectorsIndia's Union Budget allocates Rs 20,000 crore for carbon capture technology. This initiative will boost decarbonization in key industries ...
- Budget 2026: Incentives likely for carbon capture, utilisation & storage techUnion Budget 2026: India's government is exploring incentives for carbon capture technology in the upcoming FY27 Budget. This move aims to ...
- CBG, LNG to drive India's gas sector growth in next five years, says IGL's Sanjeev BhatiaCity gas companies anticipate compressed biogas (CBG) and liquefied natural gas (LNG) will drive India's clean energy transition in the nex...
- 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 ...
- Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBIThe Reserve Bank of India reports that fossil fuels' dominance in India's electricity generation will end by the decade's close. Renewable ...
- 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...
- 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.
- EU to push for COP28 deal on phasing out fossil fuels
- No "silver bullet" for green transition; government support needed: Tata Steel CEO TV NarendranThere is "no silver bullet" for green transition in hard-to-abate sectors, including steel, Tata Steel global CEO & MD T V Narendran said o...
- From e-commerce to fuel, how forests can foster a carbon-neutral futureAs the industry begins to search for substitutes to ingredients currently derived from fossil fuels, it is important to consider forests as...
- JSW Steel to invest $1.3 bln to cut carbon emissionsJSW Steel will target to bring down green house gas emissions by 42% to less than 1.95 tonnes of carbon dioxide per tonne of crude steel by...
- Commend India and Sweden for their work with Leadership Group for Industry Transition, says UN chief"In sectors such as steel and cement, we urgently need demonstration projects and global procurement targets for 2030, pledged by governmen...
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