India’s first carbon-neutral power exchange

Indian Energy Exchange (IEX), an Energy trading platform, became the country’s first carbon-neutral power exchange  using market based tradable instruments to offset its carbon emissions. To reduce its carbon footprint, IEX voluntarily cancelled CERs (certified emissions reductions) from clean projects registered under the Clean Development Mechanism of United Nations Framework Convention on Climate Change. IEX’s

First carbon neutral seed farm declared in Kerala

Kerala Chief Minister Pinarayi Vijayan declared a seed farm, located in Aluva, as the first carbon neutral farm in the country. A significant reduction in carbon emission has helped the seed farm, under the Agricultural Department, achieve the carbon neutral status, he said making the announcement. The total amount of carbon emission from the farm,

IMO talks about fuel consumption data at MEPC 79

The Marine Environmental Protection Committee (MEPC), the part of the International Maritime Organization (IMO) dealing closely with shipping’s path to decarbonization, began its MEPC79 meeting on December 12th. Also mentioned previously, a great deal of the MEPC’s work in getting to a consensus occurs in the background, specifically in working groups that are held in

Wärtsilä drives decarbonisation collaboration

The technology group Wärtsilä’s ongoing project partnership with the Mӕrsk Mc-Kinney Møller Center for Zero Carbon Shipping has been further strengthened with the company signing as an official Mission Ambassador. The not-for-profit research and development center is aimed at accelerating the transition towards a net-zero future for the maritime industry. Together with partners, the Center

Energy Conservation Bill 2022 cleared Rajya Sabha

The Rajya Sabha cleared the Energy Conservation (Amendment) Bill, 2022 aimed at putting in place provisions to make the use of clean energy mandatory. The development also paves the way for the setting of carbon markets in the country. The bill was passed by Lok Sabha in August 2022. The Energy Conservation (Amendment) Bill, 2022

Maruti Suzuki introduces first flex fuel prototype car in India

Maruti Suzuki India Limited (Maruti Suzuki) informed the exchanges that it has unveiled the Wagon R Flex Fuel prototype model in Delhi. The first-of-its-kind mass segment Flex Fuel prototype car was launched in the presence of Union Minister of Road Transport & Highways Nitin Gadkari. Aligned with the government’s clean and green initiatives, the Wagon

Vertimass along with its partners bags contract for conversion of SAF from CO2

Vertimass, with the mission to commercialize breakthrough sustainable fuels that reduce carbon emissions, announced that a consortium with whom it is partnering has been awarded approximately $1.35 million to pilot the conversion of green hydrogen and carbon dioxide into sustainable aviation fuel. The funds were granted by the Energy Technology Development and Demonstration Programme (EUDP)

Greenko Group emerges as the lowest bidder for NTPC’s project

Greenko Group has emerged as the lowest bidder in the 3,000 MWh energy storage tender floated by NTPC Renewable Energy Limited (NTPC REL). Italy-based Enel Group’s Indian arm Enel Green Power (EGP), JSW Neo Energy Limited, Hinduja Renewables Energy Private Limited, HES Infra Private Limited, and India Grid Trust (IndiGrid) were among the other companies

Egypt plans to turn SCZONE into green fuel hub

Seven memorandum of understandings (MoU) have been signed in Egypt to kick off studies on green hydrogen production projects in Suez Canal Economic Zone (SCZONE). The MOUs were signed between the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy Development, the Egyptian Electricity Transmission Company, the Sovereign Fund of Egypt,

ONGC plans CCS projects

Oil and Natural Gas Corp (ONGC) is planning a mega carbon capture and storage (CCS) project in collaboration with Norway’s Equinor, which would help capture 1.5 million tonnes of carbon dioxide annually from several emitting industries and store it permanently deep under the seabed off the coast of Gujarat, a company executive said. The collaboration