Net Zero

CCUS technologies aim to reduce greenhouse gas emissions, helping to mitigate climate change and achieve net-zero emission goals.

India's solar modules shine at 100 GW

Prime Minister Narendra Modi said the development is yet another milestone towards self-reliance.

After Kandla, L&T to build 1.8 million tonne green ammonia facility at Paradip port

L&T Energy Greentech plans to invest nearly Rs 80,000 crore to build its mega green hydrogen and green ammonia plants at Kandla and Paradip ports. It will soon tap the export market, starting with the Middle East, for its Made-In-India electrolysers, CEO Derek M Shah told Moneycontrol.

MC Newsbreak Confirmed: Govt bars data sharing for wind turbines; mandates using domestic components

Currently, wind turbine components such as blades, towers, gearboxes and generators are mostly imported from China.

Wind turbine maker Envision Energy to open 3rd manufacturing unit in India

The company’s MD said that the union government's proposed mandate to localise within six months of the finalisation of guidelines for OEMs could jack up the price of wind turbines in India.

Amendments to nuclear laws still in the works, unlikely this monsoon session

The overhaul of India's nuclear laws to bring in private participation also raises questions over accountability for the imported reactors that would be supplied by a foreign technology or design partner.

Explained: Centre's U-turn on installing anti-pollution systems in thermal power plants

Justifying its reversal of the mandate, the environment ministry said current exposure levels provide no credible evidence to suggest that sulphur dioxide (SO₂), under prevailing ambient conditions, is a major public health concern.

A year on, India's maiden green ammonia tender remains a non-starter

State-owned Solar Energy Corporation of India has given a record 11th extension to its 724,000-tonne green ammonia tender, with the last date for submission of bids now set as July 10 (online) and July 14 (offline).

Centre drafts proposal on emission reduction targets for PSU and private refineries, along with textile sector

A government draft on emission reduction target has for the first time mandated to reduce greenhouse gas emissions by oil PSUs like IOC, BPCL, HPCL, GAIL and ONGC, along with private sector refineries.

India’s non-fossil power generation capacity to touch 50% by December

The milestone will put India in the league of countries like China, Iceland, Norway, Brazil, New Zealand and Denmark, where clean energy capacity is 50 percent or more.

Centre looking to cut turnaround time to set up nuclear power plants by five years

The government is also planning to set up one nuclear power plant in every state that does not fall under the Seismic Zone 5 and may consider the 'fleet mode' in order to ramp up capacity addition.

India's upcoming green hydrogen hubs will be hungry for power, prompting calls to explore 24x7 green electricity

The proposed green hydrogen hub in Mundra will require 22 GW renewable energy, followed by the proposed hub at Kandla port. In total, Gujarat alone would require 32.3 GW of renewable electricity for its green hydrogen hubs, according to the National Electricity Plan.

Reliance, L&T, Waaree, and six others receive Letter of Award to set up green hydrogen production facilities

Reliance Group is the only company that has won incentives under the National Green Hydrogen Mission in both the tranches for green hydrogen production.

India to get its first carbon market by mid-2026

The government will soon announce emissions intensity trajectory for nine 'hard-to-abate' sectors, which will have to be achieved in a staggered manner

India's peak power demand may hit 270 GW this summer: Minister for Power ML Khattar

Coal-fired power is going to continue to do the heavy lifting by meeting 70-74% of the peak demand this summer. Like last year, the government plans to use state-run gas-based plants too, for which it has issued a tender to procure 1,800 MW of gas-based power. Besides, coal stocks at thermal power plants are at 51 million tons that would last for more than 21 days.

NHPC to add 2,170 MW, commission India's largest hydro project in FY26: CMD Raj Kumar Chaudhary

The much delayed 2,000 MW Subansiri hydropower plant in Arunachal Pradesh, which will be the largest in India, will be fully commissioned by May 2026, Chaudhary said.

Budget announces National Nuclear Energy Mission as India chases clean energy

The Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be amended to realise goal of at least 100 GW of nuclear energy by 2047, Nirmala Sitharaman has said

62% of Nifty50 Companies have set carbon neutrality or net zero targets: IiAS Sustain

The proxy advisory prepared the report using information made by the companies upto 30 September 2024

Centre must push states to comply with renewable purchase obligations, says industry

The industry has sought transmission charges waiver and penalty for non-compliance to renewable purchase obligations (RPOs) to clear huge backlog of unsold renewable power agreements

Brigade Enterprises launches net-zero residential project, Citrine, at GDV of Rs 500 crore

Brigade Enterprises has launched a net-zero residential project in Bengaluru, and sees a large part of its pre-sales and bookings to come from new launches in the second half of the fiscal, while it remains cautious on the approvals.

High emissions may scorch 25% of India's GDP by 2100 with 4.7-degree rise in temperature

The damage from inaction towards climate change is likely to be exponential, with India losing just around 5 percent of the GDP in high emissions scenario by 2035

Why is Modi government looking at SAF blending in jet fuel?

Globally, the aviation sector contributes to around 12 per cent of carbon dioxide emissions from transportation. SAF could help reduce these emissions, as compared to conventional jet fuel.

Carbon tax best solution to make up for revenue loss from fossil fuel transition, says CSEP study

The government will find it difficult to balance household burden, growth and emission impact by using alternative tax methods to cover for the revenue loss caused the shift away from fossil fuels, says the study

Oil & gas firms' prioritise green hydrogen, carbon capture to achieve net-zero targets

To meet their emission reduction targets, the companies are committing large investments towards energy transition particularly in the renewable space

India needs diverse sources to ensure energy security while meeting climate commitments: Economic Survey 2024

The diversification of sources would minimise the risks associated with energy systems while pursuing low-emission pathways, the survey said.