India must act on mining and exploration of critical minerals for green technologies

The COP26 meeting held in Glasgow on climate change issues discussed accelerating action and strategies toward achieving objectives outlined in the Paris Agreement. Consequently, India has committed to increasing its non-fossil fuel energy capacity to 500 GW by 2030, reducing the economy’s carbon intensity to less than 45% in 2030 compared to 2005 levels, and

India’s flex-fuel push will fire booster cylinders of Indian Economy

India’s proper reform minister Nitin Gadkari is on a spree. The Union Road Transport and Highways minister on Monday announced that his ministry is going to issue an order directing carmakers to introduce Flex-fuel, or flexible fuel, engines. Gadkari said, “To reduce import of fossil fuels, I am going to sign a file in the

India may soon become the Middle East of Green Hydrogen

The announcement of the phase one National Hydrogen Mission by the government on February 18 has been met with applause by the Street with brokerage firm Morgan Stanley India calling it a “watershed moment”. Under the new policy notified by the government, the government aims to achieve a production target of close to 5 million

GoI announces step one of National Hydrogen mission

The Ministry of Power on February 17 notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia, aimed to boost production of hydrogen and ammonia using renewable energy. The ministry has waived the power transmission charges for 25 years for these units, allowed them to buy renewable power from

India’s first half February gasoline, diesel use rises

India’s gasoline demand rose on the month in the first half of February as mobility increased after Omicron-related restrictions eased, while diesel consumption also increased. Gasoline use rose by 7% on the month to 585,000 b/d in the previous fortnight, according to state-controlled refiners that account for around 90pc of India’s fuel sales. Average driving

India’s fuel demand reined in by COVID curbs in January

India’s fuel consumption fell in January after scaling a nine-month peak in December, government data showed, as COVID-19 curbs in several states hit mobility and industrial activity. Fuel consumption in the world’s third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December and 0.2% from a year before,

India to double down on oil, gas exploration: Hardeep Singh Puri

India will more than double the area that is under exploration and production of oil and gas to 0.5 million square kilometre by 2025 and to 1 million sq km by 2030 with a view to raising domestic output and cut reliance on imported fuel, Petroleum Minister Hardeep Singh Puri said on Friday. The world’s

Mukesh Ambani’s $75 billion plan aims to make India a hydrogen hub

Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean-hydrogen juggernaut. Ambani, Asia’s richest man, announced plans earlier this month to invest $75 billion in renewables infrastructure including generation plants, solar panels and electrolyzers. There is growing speculation that the strategy entails transforming all

Green hydrogen policy to be unveiled in next 10 days: R K Singh

The green hydrogen policy will be unveiled in the next 10 days featuring incentives like free transmission for 25 years to boost production of this clean source of energy, Power and New & Renewable Energy Minister R K Singh said on Thursday. “We will come out with the green hydrogen policy in the next 10

India’s top steelmakers seek federal funds to cut carbon emissions

India’s top steelmakers have urged the government to provide federal funding and other economic assistance to help them meet targets for cutting carbon emissions, a leading industry body said. India, the world’s third-biggest emitter of greenhouse gases behind China and the United States, has pledged to achieve a net-zero carbon emission target by 2070 and